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Month: June 2021

ASC 606 Revenue Recognition Impacts on Media and Entertainment Companies

ASC 606 Revenue Recognition Impacts on Media and Entertainment Companies

The new revenue recognition accounting standard update, ASC 606, issued by the Financial Accounting Standards Board (FASB) has caused significant disruption in the back office.  Adoption of the new standard
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ASC 606 Impact on Construction Company Revenue Recognition

ASC 606 Impact on Construction Company Revenue Recognition

Should revenue be recognized at a point in time or over time following the new revenue recognition standard for construction companies? The new revenue recognition financial accounting standard, ASU 2014-09,
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