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Revenue Recognition Resource Center

RESOURCE CENTER

In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2014-09, Revenue from Contracts with Customers (Topic 606), which added Topic 606 to the FASB’s Accounting Standards Codification (ASC) and will replace almost all pre-existing revenue recognition guidance in legacy generally accepted accounting principles (GAAP) with a robust framework for addressing how an entity should account for its revenue. Implementation by calendar year-end public entities must occur no later than January 1, 2018 and by other calendar year-end entities no later than the year ending December 31, 2019.

This resource center provides access to high-level and detailed information about the new revenue recognition guidance. 

Related Insights

Revenue recognition: Overview of ASC 606

WHITE PAPER

Revenue recognition: Overview of ASC 606

An overview of the new guidance in ASC 606 (as amended) and highlights of the fundamental changes ASC 606 will bring.

Why private companies should care about the new revenue guidance now

Our whitepaper explains how a private company can be in a position to efficiently adopt the FASB’s new revenue recognition guidance.

  • April 17, 2018

Light the fire: Private companies and the new revenue guidance

Our whitepaper demonstrates that private companies should light the fire of urgency with respect to implementing FASB ASC 606.

  • April 17, 2018
Implementing ASC 606: Lessons from new adopters

Implementing ASC 606: Lessons from new adopters

Two executives discuss their experiences implementing ASC 606 and draw the same conclusion: It takes more time than you expect.

  • March 22, 2018
New Revenue Recognition Rules: Why They Matter for PE

New Revenue Recognition Rules: Why They Matter for PE

RSM professional talks about the impacts of the new revenue recognition standard and its effect on private equity firms.

  • March 21, 2018

Revenue recognition: Key insights for private equity investors

Listen and learn: Insights on how the new revenue recognition standard (ASC 606) will affect your PE portfolio investments.

  • February 27, 2018

Need help implementing the new revenue recognition standard?

Let the professionals at RSM help guide your company through the challenges of implementing 606.

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Events/Webcasts

IN-PERSON EVENT

Cedar Rapids revenue recognition training seminar

  • May 08, 2018

IN-PERSON EVENT

St. Louis revenue recognition seminar

  • May 10, 2018

IN-PERSON EVENT

Minneapolis: The 411 on ASC 606

  • May 16, 2018

LIVE WEBCAST

Revenue recognition webcast

  • May 22, 2018