United States

Changes coming for consumer products revenue recognition

ARTICLE

Learn how the revenue recognition of consumer products organizations could be affected by the new guidance issued by the Financial Accounting Standards Board, which will replace virtually all the revenue recognition guidance previously applied by consumer products organizations. Certain aspects of a consumer products organization’s revenue recognition that could be substantially affected by the new guidance include:

  • Variable consideration
  • Sales involving distributors
  • Licensing
  • Loyalty programs
  • Warranties

Read our summary, Changes coming for consumer products revenue recognition, located at Revenue Recognition: Industry insights, then select the “Consumer Products” option. For more information, contact your RSM representative or Cristin Singer, consumer products industry assurance practice leader, at 212.372.1184.

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