Revenue recognition considerations for automotive
Join us on 16 September for a webcast that will cover the issues and provide automotive companies with industry-specific considerations for each of the steps of the new revenue model. We’ll review the path forward for automotive US GAAP and IFRS reporters and practitioners.
During the webcast, our panel of EY subject-matter and industry professionals will discuss how the requirements will impact some common revenue arrangements in the automotive industry, specifically:
- Highlights of the new standard, including effective dates and transition methods
- The key implications of the new revenue model for both vehicle manufacturer and component supplier companies whenaccounting for revenue arising from contracts with customers
- What automotive companies should be thinking about today to get ready for the new standard