FASB ASC | KAP KKSP Partners

Impact of New Revenue Recognition Rule on the Russell 3000

As Russell 3000 public companies with December year-ends implement the new revenue recognition standard, we are beginning to see a pattern

General Electric Co [GE] released an update on April 13, which among other things clarified issues related to the adoption of

We’re beginning to see large U.S. public companies with December year ends completing implementation of the new revenue recognition standard. At

For the past year, we have been monitoring the progress made by U.S. public companies towards implementation of the new revenue

For the vast majority of Russell 3000 companies, the deadline to adopt new revenue recognition accounting guidance is fast approaching. Some issuers,

ASC 606 becomes mandatory for all public companies at the end of 2017. A few months ago, we noted that a small