This content was published prior to the merger of equals between BKD and DHG on June 1, 2022. See all FORsights for the most up-to-date articles, webinars, and videos.
Revenue Recognition in the Telecom World
With the initial implementation of the new revenue recognition standard (FASB ASC 606) completed for most companies, many are wondering where they will go from here. Join BKD industry professionals as we share the significant effects adoption had on telecommunications providers and the lessons learned. In addition, we'll explain ongoing effects on operations and reporting.
Learning Objectives
Upon completion of this program, participants will be able to:
- Identify the effects FASB ASC 606 implementation has had on various telecoms and the lessons learned
- Recall the FASB ASC 606 post-implementation reporting requirements and future effects on telecom operations