Engineering & Construction Revenue Recognition Guide
DISCOVER the impact of the revenue recognition standard (ASC 606) on engineering and construction companies
Each engineering and construction company is required to analyze their contracts and the revenue recognition standard’s impact on an individual basis.
Our guide provides a high-level overview of the revenue recognition standard and the potential challenges these companies face when undergoing through the process to review their contracts, assess any changes and quantify their assessment.
This guide covers topics highlighting:
- The New Five-Step Process for Revenue Recognition
- Potential Challenges for Engineering and Construction Contractors
- Engineering and Construction Accounting Considerations