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November 7, 2019

Have You Implemented ASC 606?

By Becky Watson, CPA, Audit Manager
ASL Construction Group

The end of the year is coming fast and with it comes the requirement to adopt FASB ASC Topic 606 Revenue from Contracts with Customers by all calendar year-end private companies (this standard was applicable to public companies for calendar year 2018).  If you have not yet implemented the new accounting standard, here are a few items to consider. (more…)

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Categories: Construction Corner, Fall 2019, Revenue Recognition
Tags: ASC 606, Becky Watson, construction companies, Performance-based Compensation, Revenue Recognition,

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