Podcast Podcast, PwC US 03/12/19
Determining when to recognize revenue under the new revenue standard for customers in financial distress or bankruptcy requires judgment. Don’t assume the answer is the same as it used to be. In this episode, PwC partners Heather Horn and Pat Durbin discuss five things you need to know about assessing collectibility under the new revenue standard, with a specific focus on recognizing revenue when customers are in financial distress or bankruptcy. We discuss:
View or download our flowchart.
The Revenue from contracts with customers guide is a comprehensive resource for entities accounting for revenue transactions under ASC 606.
Access to additional resources and insights on the new standard.
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