type
sm-banner
background-image
background-color
blue
eyebrow
Article
title
Industry revenue recognition white papers updated
date
December 01, 2023
gradient-overlay
blue
breadcrumb
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 December 1, 2023
- Impact of revenue recognition guidance in ASC 606 on financial institutions
- Revenue recognition for asset managers
- Revenue recognition in the health care industry
- Revenue recognition for construction contractors
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
- Revenue recognition for industrial entities
- Revenue recognition in the consumer products industry
- Revenue recognition for franchisors
- Revenue recognition considerations for member-owned private clubs
- Revenue recognition considerations for not-for-profit organizations
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.