Analysis and examples of the different types of Stand-Ready Obligations under ASC 606.
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A breakdown of the methods used to identify standalone selling price.
Analysis and example of estimating variable consideration and applying the constraint under ASC 606.
Analysis and illustrative examples of the two criteria given in ASC 606 for allocating variable consideration to performance obligations.
Depending on the type, a right of return may be a variable consideration under ASC 606.
Implementing ASC 606 requires a substantial amount of time and expertise, with specific challenges rising in each industry. Gain a deeper understanding of the key issues that the retail and consumer products industry faces in the transition to ASC 606.
ASC 606 provides guidance on accouting for repurchase agreements including forwards, call options, and put options; examples illustrate how the standard is applied to repurchase agreements.
