Revenue recognition

The new standard (ASC 606) provides a comprehensive, industry-neutral revenue recognition model intended to increase financial statement comparability across companies and industries.

Insights from PwC
06 June 2019

Private company ASC 606 adoption: Contract review considerations (US2019-10)

Most nonpublic companies will be required to adopt the new revenue standard in 2019. As part of their implementation, companies will need to review their contracts and assess the accounting impact of various contract terms.

Click here US In depth 2019-10

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