EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.
Recent Searches
Overview
Our publication discusses final guidance issued by the FASB that requires companies to apply Accounting Standards Codification (ASC) 606, Revenue from Contracts with Customers, to recognize and measure contract assets and contract liabilities from contracts with customers acquired in a business combination. The guidance is effective for public business entities for fiscal years beginning after 15 December 2022 and interim periods within those fiscal years. For all other entities, it is effective for fiscal years beginning after 15 December 2023 and interim periods within those fiscal years. Early adoption is permitted.
Download PDF
