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Revenue Recognition 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

ASC 606 may take more effort to adopt than anticipated


ASC 606 may take more effort to adopt than anticipated

Compliance with the revenue recognition standard may be more challenging and require more effort than many companies realize.

  • February 22, 2018
Revenue recognition: Overview of ASC 606


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.

Revenue recognition featured videos


Revenue recognition featured videos

This 12-part video series covers elements of revenue recognition important to Topic 606 implementation for public and private companies.

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
Changes to revenue recognition for franchisors

Changes to revenue recognition for franchisors

Franchisors are in for major changes in the way they recognize revenues. Learn more about the new standards and how to address them.

  • January 26, 2018

Revenue recognition for government contractors

View this recorded webcast from RSM for insights on how revenue recognition will affect government contractors.

  • January 23, 2018

Revenue recognition considerations for member-owned private clubs

A white paper that discusses topics member-owned private clubs should consider when applying the new revenue recognition guidance.

  • January 22, 2018

Quarterly accounting update webcast—Winter 2018

RSM's leaders will provide an update on recently issued and proposed accounting guidance and the implications and effects of this guidance.

  • January 18, 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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St. Louis revenue recognition seminar

  • May 10, 2018