by Larson CPA | Apr 13, 2020 | Articles, ASC 606, ASC 842, Lease Accounting, Revenue Recognition
Summary provided by MaterialAccounting.com: This article discusses recent proposed updates to FASB standards, including ASC 606 and ASC 842, for certain private companies and nonprofit entities. In a meeting held on April 8, 20201, FASB voted to propose...
by Larson CPA | Feb 14, 2020 | Articles, ASC 606, Revenue Recognition
Summary provided by MaterialAccounting.com: This article discusses disclosure requirements for private companies under ASC 606. Andrew Wan, CPA, CFE, is the leader of our Emerging Markets and Small to Medium Sized Business Practice Groups. He is an expert in IT...
by Larson CPA | May 24, 2018 | Articles, Revenue Recognition
Summary provided by MaterialAccounting.com: This article contains information about recognizing revenue from contracts with customers under the new financial standards issued by FASB and IASB. Rev Proc 2018-29, 2018-21 IRB In a Revenue Procedure, IRS has provided a...
