In depth , PwC US Aug 02, 2019
Most nonpublic entities will be required to adopt the new revenue recognition standard in 2019. This publication provides our views on frequently asked questions regarding implementation, with a focus on transition and disclosure implications under US GAAP. It also addresses adoption date considerations for entities filing an initial public offering and entities that qualify as an emerging growth company.
The Revenue from contracts with customers guide is a comprehensive resource for entities accounting for revenue transactions under ASC 606.
We share how private companies can review revenue contracts and give examples of contract terms to watch out for.
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