Introduction Among the diverse challenges finance teams are facing today, many CFOs, controllers and revenue teams are feeling intimidated by […]
Revenue Disclosures under ASC 606 and Ayara
We begin by understanding ASC 606. The financial accounting board issued Accounting Standards Codification(ASC) 606 that impacts all businesses that […]
Be clear about “R” of Revenue Recognition
Let us start with understanding what is revenue recognition in simple terms. It is a generally accepted accounting principle of […]
Revenue Accounting: How It Can Impact You
Revenue recognition is a generally accepted accounting principle (GAAP) that identifies the specific conditions in which revenue is recognized. Typically, […]
Revenue Intelligence for Quote to Cash (QTC)
Forecasting accurate revenue is a key capability that companies want from their QTC investment. In majority implementations of QTC, customers […]
Revenue from contracts with customers (ASC 606 / IFRS 15) – Why the new revenue standard?
From January 2018, companies in the US have to report their revenue according to the new Accounting Standards Codification (ASC) […]
How to determine variable consideration (Rebates) for ASC 606
Rebates are the incentives given to customers to buy or consume more goods and services that will meet the rebate […]
6 Key Considerations for ASC 606
ASC606 has many provisions for revenue recognition, but here are the 6 key considerations that will impact the majority of […]