Tag Archives: revenue recognition

In May 2014, FASB issued an Accounting Standards Update regarding Topic 606: Revenue from Contracts with Customers, along with various amendments, to be implemented in 2017 and 2019. In this post, we’ll talk about exact adoption dates of the new construction revenue recognition standards, the major updates, and how you can help your construction clients […]

When it comes to your implementation plan for Topic 606, the FASB’s new revenue recognition model, here are 3 details not to overlook.