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FREE Special Report

An Overview of the Revised Accounting Model for Revenue Recognition

After years of deliberations regarding the appropriate treatment for revenue, the FASB issued the landmark Accounting Standards Update (ASU) 2014-09, Revenue From Contracts With Customers (Topic 606), which introduces a new model to recognize revenue. This ASU presents significant changes — changes that required clarification in a number of areas as implementation issues arose.

With a complex road to implementation ahead, it’s important that companies develop an in-depth understanding of all that the new revenue recognition standard entails. This special report provides an overview of the new model and its effects on companies.

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Checkpoint Catalyst: US GAAP

Checkpoint Catalyst: US GAAP is the next generation of online research that gives practical insight and expertise on accounting topics that are complex, undergoing changes or challenging to apply – including revenue recognition and financial instruments. Research is approached from a fresh, new perspective where content is always delivered in context along with powerful insight into related issues – so you’ll never miss an important detail.

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