United States

FASB webcast for private companies on ASC 606


On December 18, the Financial Accounting Standards Board (FASB) will host a webcast geared toward private companies about implementing the requirements of Topic 606, “Revenue from Contracts with Customers,” of the FASB’s Accounting Standards Codification (ASC). Areas covered will include the following, among others:

  • An overview of the revenue model
  • An update on recent implementation activities and issues that relate to private companies
  • Disclosure and transition requirements