To assist entities in applying the revenue recognition model in Topic 606, Revenue from Contracts with Customers, of the Financial Accounting Standards Board's Accounting Standards Codification that are most relevant to their industries, the following white papers have been updated.
Updated as of November 6, 2023
- Revenue recognition for business and professional services
- Revenue recognition considerations in the technology industry
- Revenue recognition considerations in the life sciences industry
- Revenue recognition for federal government contractors
- Impact of revenue recognition guidance in ASC 606 on insurance entities
Updated as of September 29, 2023
For additional information about all of the revenue recognition guidance, including those aspects discussed in these white papers, as well as numerous examples illustrating how to apply the guidance, refer to RSM's guide to revenue recognition.
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