November 20, 2019
ASC 606 Transition – Time is Running Out
As year-end approaches, we would like to remind you that all private companies with a December 31 year end must adopt the new revenue recognition accounting standard, ASC 606, for 2019 financial statements. This means that companies should be finished with their analysis of the impact of the new standard and be well under way in implementing any new policies or procedures required to comply with the new standard. If you have not started to assess the impact of ASC 606, time is running out.

Please read this full article on the ASC 606 transition overview and how our Global Transaction Advisory Group can provide guidance and assistance with implementing the new standard.