ASC 606: Early results and lessons
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ASC 606: Early results and lessons

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Part of the CPEA ASC 606: Revenue Recognition Series

The new revenue recognition standard is now effective for calendar year public business entities and not-for-profit conduit debt obligors. Calendar year end SEC registrants have recently filed their first interim financial statements under the new revenue standard. Meanwhile, according to a Connor Group study, at least 33 entities early adopted the revenue recognition standard. Regulator review of these early adopters of the new revenue standard has started. As recognition and measurement

Download the First part I of the report on early lessons learned from revenue recognition adoption

File name: CPEA-early-lessons-rev-rec-1.pdf

Download the Second part of the report on early lessons learned from revenue recognition adoption

File name: CPEA-early-lessons-rev-rec-2.pdf

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