Software Revenue RecognitionSoftware Revenue Recognition - a roadmap to applying ASC 985-605 |
While the IASB and FASB are currently at the later stage of a joint Exposure Draft on Revenue Recognition, a number of Irish based companies in the TMT sector are still required to apply US revenue recognition standards for group reporting purposes.
This roadmap gives companies an easy to understand overview of the complexities of revenue recognition in the technology industry and also explores what differences may lie ahead for those companies who will have to apply the new converged standard.
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partner, Audit & Assurance Services
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Software Revenue Recognition - a roadmap to applying ASC 985-605