Private company ASC 606 adoption: Contract review considerations

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In depth , PwC US Jun 06, 2019

We give private companies adopting ASC 606 help reviewing revenue contracts and the terms that impact the accounting.

Insights on performing an effective contract review

Most nonpublic companies will be required to adopt the new revenue standard in 2019. As part of their implementation, companies will need to review their contracts and assess the accounting impact of various contract terms. This publication provides insights on performing an effective contract review and examples of terms and conditions that may have accounting implications under the new standard. Read more.

Also listen to our podcast on the new revenue standard for private companies: 5 things learned from public company adoption efforts.

For a deeper discussion, please contact:

C.J. Finn

Partner, Private Company Services, PwC US

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Angela Fergason

Partner, National Professional Services Group, PwC US

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Greg Stribos

Director, Private Company Services, PwC US

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Peggy Wang

Director, Private Company Services, PwC US

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Cameron Murray

Director, National Professional Services Group, PwC US

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David Schmid

International Accounting Leader, National Professional Services Group, PwC US

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