stamper making seal on paper
Resources

Revenue from Contracts with Customers: Unexploded Ordinances in WPs - Part III - Variable Consideration

Jul 16, 2025 · 1 min read

AICPA MEMBER

ACCESS

Resource

available

We continue our series on challenges with adoption of FASB Accounting Standards Codification (FASB ASC 606), Revenue from Contracts with Customers, providing sanitized excerpts of workpapers purporting to provide audit evidence regarding compliance with FASB ASC 606 and detail why we feel the excerpts are either insufficient or incorrect. In this report, we detail the challenges faced with a shift in FASB ASC 606 to include variable consideration in the transaction price (subject to a constraint) and potentially recognize the

Download the Revenue from Contracts with Customers: Unexploded Ordinances in Workpapers - Part III - Variable Consideration

File name: revenue-from-contracts-with-customers-unexploded-ordinances-in-workpapers-part-iii-variable-considerations.pdf

Reserved for AICPA® & CIMA® Members

Already a member of the AICPA or CIMA?

Log in with your account
 
Forgotten email
Forgotten password

Not a member of the AICPA or CIMA?

To gain access to exclusive content, your first step is to join the AICPA or CIMA.

Related content

}