ASC 606 for Individual Contributors: Application of the FASB Standards for the "Doers" of Organizations (Paperback) (ISBN-13: 9798329351835)

Are you struggling to stay up to date in your organization's changing accounting environments?

Revenue with Contracts for Customers touches every accountant, regardless of industry. This guide is specifically tailored to individual contributors who may not consider this topic at a broad level daily but are involved in the transactions associated with recognizing and reporting revenue from contracts with customers.
What's included in this short reference guide:

• Points of view from an accountant with 10+ years of work experience in accounting as an individual contributor who experienced the shift from 605 to 606
• A condensed, concise explanation of the codification
• Key terms and phrases used by financial statement users defined for individual contributors
• Practical examples and scenarios designed to be easily relatable and applicable to empower individual contributors in understanding the concepts
• A brief look at some of the more exciting topics within ASC 606

If you're looking to learn about ASC 606 from someone who's had to make the switch from the old revenue recognition standards to the new one, and has actual "boots on the ground" experience, then this book is the perfect fit for you! We invite you to scroll up, hit that buy button, and join us on the other side. Welcome to ASC 606 for Individual Contributors.

Author: Amber McGee
ISBN-13: 9798329351835
Publisher: Independently Published
Language: English
Published: 06/24/2024
Pages: 52
Format: Paperback
Weight: 0.16lbs
Size: 8.50h x 5.50w x 0.11d