Webinar: The ASC 606 transition – a revenue recognition primer
Webinar

Webinar: The ASC 606 transition – a revenue recognition primer

ASC 606 (ASU 2014-09, Revenue from Contracts with Customers) presents major changes to the manner in which companies account for revenue. Baker Tilly recently presented an introduction to the upcoming revenue recognition transition.

In this overview of the new standard, we provide an overview of the five elements, discuss areas of significant change such as contract costs and disclosures, and review the current transition guidance.

Key learning objectives

  • Overview of the standard and applying the five elements
  • Understanding changes to contract costs and disclosures
  • Review the current status on guidance for the transition
  • Discuss key considerations for transition and how to get started

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