Technical Line - How the new revenue standard affects technology entities

10 Jul 2020 PDF
Subject AccountingLink
Publications Technical Line


Our Technical Line highlights key implications of the new revenue standard for technology entities. This publication has been updated to reflect emerging implementation issues for technology entities, such as the accounting for contract modifications for licenses of intellectual property and the accounting for virtual goods. It supplements our Financial reporting developments (FRD) publication, Revenue from contracts with customers (ASC 606), and should be read in conjunction with it.

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