United States

Updated white paper: Changes to revenue recognition for franchisors


We have issued an updated version of our white paper, Changes to revenue recognition for franchisors, to further assist franchisors in applying the new revenue recognition model in Topic 606, “Revenue from Contracts with Customers,” of the Financial Accounting Standards Board’s (FASB) Accounting Standards Codification (ASC). The white paper has been updated for recent activities, including the issuance of FASB Accounting Standards Update 2021-02, Franchisors—Revenue from Contracts with Customers (Subtopic 952-606): Practical Expedient.

For more information regarding ASC 606, visit our Revenue Recognition Resource Center.

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