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Preparing for ASC 606: 8 Components of a Rock Solid Revenue Recognition Policy
In this guide, we’ll walk you through how to create an accurate, compliant and consistent revenue recognition policy using these eight critical components:
What You'll Learn:
- Revenue Types
- Special Deals
- Setup Fee Revenue
- Ongoing Support Revenue
- Hourly Support Revenue
- On-site/Web-based Training
- Relative Selling Price Allocation
- Financial Reporting