Search results with tag "Returns under asc 605"

Under ASC 605 - Deloitte

Mar 03, 2016 · Ability to Reasonably Estimate Returns Under ASC 605-15-25-1(f), an entity must be able to make a reasonable estimate regarding future returns to recognize revenue upon shipment of the product (provided that the other requirements of ASC 605 are met). ASC 605-15-25-3 indicates that the ability to make such an estimate depends on

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