Cookie policy: This site uses cookies (small files stored on your computer) to simplify and improve your experience of this website. Cookies are small text files stored on the device you are using to access this website. For more information on how we use and manage cookies please take a look at our privacy and cookie policies. Some parts of the site may not work properly if you choose not to accept cookies.

sections
Home > AuditBoard > ASC 606: Are You Prepared?
 

ASC 606: Are You Prepared?

White Paper Published By: AuditBoard
AuditBoard
Published:  Nov 26, 2018
Type:  White Paper
Length:  12 pages

When the IASB and FASB issued a joint press release on May 28, 2014 1 announcing new revenue recognition standards for revenue from contracts with customers, the adoption deadline seemed a long way off. After pushback from companies across various industries, the implementation date was extended by one year, granting companies more time to update their policies and systems to adhere to the new standards.



Tags :