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Countdown to ASC 606: What Every Business Needs to Know

INSIGHT 1 min read

WRITTEN BY

Sikich

The new revenue recognition standard is the biggest accounting change the world has seen in over a decade.

 

ASC 606, Revenue from Contracts with Customers, is on the mind of every CFO and controller.

 

What you need to know to prepare your business for the new revenue recognition standard ASC 606 is in this downloadable white paper.

 

Meet the New Standard – ASC 606

 

The New Five Step Model for Recognizing Revenue

 

A Change That Impacts All Industries

 

Effective Dates are on the Horizon

 

The Burden on Finance and IT

 

Three Critical Systems Capabilities

 

A Timeline for Getting Started

 

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Author

Sikich offers the public and private sectors a diverse platform of professional services across consulting, technology and compliance. Highly specialized and hands-on teams deliver integrated solutions rooted in deep industry experience. Our approach is strategically and thoughtfully designed to help our clients, teams and communities accelerate success.

Sikich has approximately 2,000 team members and operates across North America, EMEA and APAC.