Deferred revenue from an acquisition can be a tricky thing to value. Read more about how to account for deferred revenue.
Read More
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 oil and gas entities face as they transition to ASC 606.
Franchisors face unique issues when accounting for revenue under ASC 606. This article addresses some of those issues.
Power and Utility entities face unique issues as they apply ASC 606: Gain a deeper understanding of how to navigate these issues.
Determine the transaction price of a contract with noncash consideration under ASC 606, including when and how to measure the variable consideration caused by fluctuating fair value.
Health care entities face unique issues as they apply ASC 606. Gain a deeper understanding of how to navigate these key issues.
Analysis and examples of when a significant financing component exists in a contract and how to account for it under ASC 606.
Analysis of the input and output methods to measure progress towards completion of a performance obligation satisfied over time in ASC 606
In today’s virtual gaming world, many games across multiple platforms allow players to access their virtual environment for free while in-game purchases of various virtual currencies and goods allow players to enhance gameplay. Popular freemium games such as Candy Crush,…
The first step of ASC 606 is to identify the contract with a customer. ASC 606 outlines many criteria, including legal enforceability and collectability.
Description of the three criteria in ASC 606 for determining whether revenue is recognized over time. Illustrative examples of each criterion are included.
Walk through the five-step model in this comprehensive evaluation of a biotech collaborative arrangement between BioTek and Farma to commercialize a drug compound.
Review the basics of ASC 808, Collaborative Arrangements, and learn how ASC 606 applies when collaborators exchange consideration in an illustrative case study.
This article explains what types of behavior with regards to implementing the new revenue recognition standard are receiving comments from the SEC.
Take a look at how early adopter, Alphabet Inc., disclosed its disaggregation of revenue in its financials, and see what the SEC had to say about it.
