ASC 606 Revenue Recognition e-book

If your organization is in the process of adopting, or still researching, the new revenue recognition accounting standard, then this comprehensive, yet easy-to-read, 60-plus page e-book is for you.

Baker Tilly’s guide, ASC 606 Revenue Recognition Everything you need to know now, was created to help you understand and comply with Accounting Standards Update 2014-09 (Topic 606). The e-book includes key topics to help you through the complex process of assessing the impact and developing an implementation plan for your organization:  

• Identifying the contract
• Identifying performance obligations
• Determining the transaction price
• Allocating the transaction price
• Recognizing revenue
• Disclosures
• Cost capitalization
• Effective dates and transition methods
• Internal control over financial reporting

A supplemental guide is available for construction contractors..