This book addresses key accounting implementation concerns with regards to subject 606, Revenue from Contracts with Customers and comparable updates via FASB ASU No. 2016-12. At its of completion, the advisor will contain sixteen industry-specific chapters that handle accounting implementation matters, and supply undefined- particular illustrative examples of the way to use the hot commonplace. it is going to additionally offer in-depth insurance of audit issues from threat evaluate and making plans to execution of the audit.
In gentle of the cloth adjustments as a result of this common, it's going to require major research and practise good just before the potent date for all monetary reporting according to US GAAP. as a result, the AICPA is delivering ideas to speedy carry finalized implementation matters as fast as attainable. these suggestions include:
- an annual on-line subscription on hand through our on-line expert library, or
- combination print/PDF, such as accomplished chapters as of January 2017 in print in addition to on-line PDF entry to finalized implementation issues.
Accounting and auditing content material of this consultant can be up to date as implementation concerns are finalized, and will be tracked through the hyperlink below.
Read Online or Download Revenue Recognition 2016 (AICPA Audit and Accounting Guide) PDF
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