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How Companies Implemented the New Revenue Recognition Standard
In addition, the new revenue recognition standard advises companies to allocate transaction prices based on a stand-alone selling price basis, i.e. the amount that a good or service would sell for ...
 Applying IFRS in Telecommunications
4 Applying IFRS The revised revenue recognition proposal telecommunications Step 2: Identify the performance obligations The goods or services promised in a customer contract (either explicitly stated in the contract or implied by customary business practices) are referred to as performance obligations in the proposed standard.
RevenueHub | Revenue Recognition: Simplified
RevenueHub publishes plain-English articles and example-based case studies that explain the major aspects of the new revenue recognition standard. ... Stay up-to-date on an entity’s required ASC 606 transition date and its most beneficial transition method, which varies based on entity type and industry.
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