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Research Report
The Significant Impact of ASC 606 on Technology Companies
New revenue recognition guidelines are coming to the technology industry. TSIA has been working with a task force of member companies to identify the business challenges being created by these new regulations. This paper covers the following topics:
- Potential areas where the adoption of ASC 606 may impact P&Ls.
- Common practices in how technology companies are interpreting ASC 606 guidelines.
- Areas where technology companies are interpreting ASC 606 guidelines differently.
The intended audience for this paper includes any executive that owns a P&L within a technology company, product management leaders, finance leaders, revenue recognition experts within your company, and outside auditors being consulted to help interpret the impact of ASC 606 on your company.
Authored By:
Thomas Lah
Executive Director, TSIA
Publish Date: November 28, 2017
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