ASC 606 (ASU 2014-09, Revenue from Contracts with Customers) presents major changes to the manner in which companies account for revenue. Baker Tilly delves into performance obligations in this third webinar in the revenue recognition series.
Join us as we learn:
- How to identify a performance obligation
- Determining when performance obligations are distinct and thus accounted for separately
- Explicit and implicit promises
- Services that are not performance obligations