AL-FRD-Illuminated road

Financial Reporting Developments - Revenue from contracts with customers (ASC 606)

19 Nov 2020 PDF
Subject AccountingLink

Overview

Our FRD publication on ASC 606, Revenue from Contracts with Customers, has been updated to (1) expand our discussion of the variable consideration allocation exception and add two illustrations and (2) add discussion of a recent technical correction to the Codification. Refer to Appendix A of the publication for a summary of the updates.

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