Heads Up — Forecasting Revenue Disclosures — Storm Brewing?

Published on: Feb 27, 2017

When implementing the FASB’s revenue standard (ASU 2014-09), some companies will need to make wholesale changes to their income statements as a result of the new recognition and measurement requirements. For other companies, the impact of those requirements will be less significant. However, all entities will need to carefully consider the standard’s new and modified quantitative and qualitative disclosure requirements.

This Heads Up discusses certain of the disclosure requirements that may be particularly challenging for entities to implement. For a comprehensive discussion of the new standard, including an analysis of other potential implementation issues, see Deloitte’s A Roadmap to Applying the New Revenue Recognition Standard.

This publication was released by our US firm.

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