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ASC 606 for SaaS: Practical Steps for Adopting the New Standard
With the recent decision by FASB to delay the effective date for Revenue Recognition standard, ASC 606, to December of 2020* — private SaaS companies have a little more time to become compliant. Whether you’re brand new to the requirements, or trying to move out of your manual processes, now is the time to put in the effort to make that December deadline.
What You'll Learn:
- Create a revenue recognition policy as a foundation for compliance
- Support your conclusions using buttoned-up, reliable data
- Establish a scalable process for on-going ASC 606 compliance