Revenue Recognition

Mastering the New FASB Requirements

Revenue Recognition
Renee Rampulla
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NZ$ 204.99
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NZ$ 174.24
Paperback
h283 x 218mm - 256pg
21 Aug 2020 US
International import eta 10-30 days
9781119763789
Out Of Stock
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For years, revenue recognition has been the cause of audit failures and the focus of corporate abuse and fraud allegations. Today, there is FASB ASC 606, a new standard which is critical to understand before it can be successfully implemented. Supported by practical examples, industry specific real-life scenarios, and more than a dozen exercises, this work will assist you in avoiding revenue recognition traps and provide you with the latest FASB guidance. You will gain an in-depth understanding of the revenue recognition framework that is built around the core principles of this new five-step process. In addition, you will gain a better understanding of the changes in disclosure requirements. Key topics covered include:Background, purpose, and main provisions of new standard (FASB ASC 606)Transition guidanceFive-step process for recognizing revenueDisclosure requirementsImplementation guidance - contracts, tax matters, internal controls, IT
Status: Active
ISBN-13: 9781119763789
Published: 21 Aug 2020
Published In: United States
Imprint: John Wiley & Sons
Publisher: John Wiley & Sons
Format: Paperback
Height: 283mm
Width: 218mm
Spine: 19mm
Weight: 948g
Pages: 256

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