Financial Reporting Developments – Revenue from contracts with customers (ASC 606)
Go to Source Author: We have updated our Financial reporting developments (FRD) publication, Revenue from contracts with customers (ASC 606), to address changes to SEC and SEC staff interpretive guidance on revenue recognition and the staff’s comment that it wouldn’t object if entities that are public business entities only because their financial statements or financial information is included in another entity’s SEC filing use the private company effective date to adopt the new revenue recognition...
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