PwC partners Heather Horn and Angela Fergason discuss the accounting for contract costs under the new revenue standard.
With all the attention on the pervasive impacts of the new revenue standard (ASC 606), some may have overlooked the new guidance on accounting for the costs related to contracts with customers. That’s why Heather Horn is joined by PwC partner Angela Fergason to help navigate the guidance and address some of the questions we’ve been receiving.
Angela Fergason is a partner in PwC's National Office with 20 years of experience specializing in accounting for revenue and employee compensation arrangements. She is a frequent speaker on accounting and financial reporting topics and is a contributor to many PwC National Office publications, including our accounting guides on Revenue and Stock-based compensation.
Heather Horn is PwC's National office thought leader, responsible for developing our communications strategy and conveying firm positions on accounting and financial reporting matters. She is the engaging host of PwC’s accounting and reporting weekly podcast and quarterly webcast series, as well as periodic webcasts for the power and utilities industry. With over 25 years of experience, Heather’s accounting and auditing expertise includes financial instruments and rate-regulated accounting.
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