Author: prasenjit

10 Jul

Posted at 17:57h in 606 Case Studies, Knowledge Center

[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column][vc_single_image image="2509" img_size="full" alignment="center" qode_css_animation=""][vc_empty_space][/vc_column][/vc_row][vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column][vc_column_text]Table of Contents Background Information. Transition Approach. Policy Details. Step 1 - Identify the contract with a customer. Step 2 - Identify the performance...

18 Jun

Posted at 10:36h in 606 Case Studies, Knowledge Center

[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column][vc_single_image image="1295" img_size="full" alignment="center" qode_css_animation=""][vc_empty_space][/vc_column][/vc_row][vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column][vc_column_text]Table of Contents Background Information. Transition Approach. Policy Details. Step 1 - Identify the contract with a customer. Step 2 - Identify the performance...

31 May

Posted at 21:50h in 606 Case Studies, Knowledge Center

[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column][vc_single_image image="1288" img_size="full" alignment="center" qode_css_animation=""][vc_empty_space][/vc_column][/vc_row][vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column][vc_column_text]Table of Contents Background Information. Transition Approach. Policy Details. Step 1 - Identify the contract with a customer. Step 2 - Identify the performance...

19 Apr

Posted at 07:12h in 606 Case Studies, Knowledge Center

With ASC 606 introduction, also comes the challenges for various industries to get in sync with the new guidelines. However, if the 5 steps are clear to the business then the transition could be a lot easier. This publication is to guide the Construction Industry...

18 Apr

Posted at 15:10h in ASC 606, Knowledge Center

Revenue is an important point of concern to the users of Financial Statements in assessing an entity’s Financial Performance and Position.Accounting Standard Codification (ASC) 606 – Revenue from Contract with Customers is an Industry-wide revenue recognition guidance which has been formulated by the Financial Accounting...

04 Apr

Posted at 17:32h in 606 Case Studies, Knowledge Center

[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column][vc_single_image image="1152" img_size="full" alignment="center" qode_css_animation=""][vc_empty_space][/vc_column][/vc_row][vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column][vc_column_text]Table of Contents Background Information. Case Study. Step 1 - Identify the contract with a customer. Step 2 - Identify the performance obligations in...

02 Apr

Posted at 19:18h in ASC 606, Knowledge Center

[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column][vc_single_image image="1136" img_size="full" alignment="center" qode_css_animation=""][vc_empty_space][/vc_column][/vc_row][vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column][vc_column_text]Table of Contents Background Information. Transition Approach. Policy Details. Step 1 - Identify the contract with a customer. Step 2 - Identify the performance...