© 2019 RSM US LLP. All rights reserved.
Revenue Recognition Resource Center
Challenges and opportunities for companies adjusting to ASC 606 regulation requirements
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 was required byJanuary 1, 2018 and is required 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

WHITE PAPER
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.

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.
Changes to revenue recognition in the health care industry
A white paper about how entities in the health care industry may be affected by the new revenue recognition guidance in ASC 606.

The impact of the new revenue recognition guidance on public companies
What have leaders of public companies learned during their implementation process; how can these lessons help other entities?
Revenue recognition update
Join RSM for a revenue recognition standard (ASC 606) update for business and professional services companies.

ASC 606 implementation: Is your company prepared?
Retail, fashion, food and beverage, and restaurant executives should ask these questions to determine the impact of ASC 606.
See more revenue recognition insights »
Or subscribe to receive Financial Reporting Insights by email.
Need help implementing the new revenue recognition standard?
Let the professionals at RSM help guide your company through the challenges of implementing 606.