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Under ASC 606 - Deloitte
www2.deloitte.comAccounting and Financial Reporting Update — Interpretive Guidance on Revenue Recognition Under ASC 606 March 2017. 1 Revenue Recognition Background In May 2014, the FASB1 and IASB issued their final standard on revenue from contracts with customers.
Accounting and Financial Reporting Update Interpretive …
www2.deloitte.comMar 03, 2016 · compliance issues related to pricing, promotions, or manufacturing standards. In addition, for biotech and pharmaceutical firms, environmental issues and remediation proceedings have been the subject ... exercised to avoid misleading implications as to the likelihood of realization.” ... settle litigation triggers accrual of a liability and ...