Published By: Workday
Published Date: Nov 27, 2017
Revenue recognition is no walk in the park. We know—we’ve been there. Workday was one of
the first companies to adopt the new standard, ASC 606. Read this whitepaper to help you prepare for
the transition to ASC 606 and IFRS 15. Discover the challenges other companies are facing, what they’re
doing to make the change, and the key things you need to consider as you prepare.
Published By: AuditBoard
Published Date: Nov 26, 2018
When the IASB and FASB issued a joint press release on May 28, 2014 1 announcing new revenue recognition standards for revenue from contracts with customers, the adoption deadline seemed a long way off. After pushback from companies across various industries, the implementation date was extended by one year, granting companies more time to update their policies and systems to adhere to the new standards.
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