ASC 606: Illustrative annual and transition disclosures
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ASC 606: Illustrative annual and transition disclosures

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Part of the CPEA ASC 606: Revenue Recognition Series

As we have detailed in our many reports on the new revenue standard, Accounting Standards Update (ASU) 2014-09, Revenue from Contracts with Customers, codified primarily in FASB Accounting Standards Codification (FASB ASC) 606, is historic in its breadth and impact across industries and will affect all entities (public, private, and not-for-profit) that have contracts with customers.

Under previous U.S. generally accepted accounting principles (U.S. GAAP), the revenue disclosure requirements were limited

Download the Report covering transition disclosures for ASC 606

File name: CPEA-606-transition-disclosures.pdf

Download the Report covering annual and recurring disclosures for ASC 606

File name: CPEA-606-annual-disclosures.pdf

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