Aeries Technology

Tag: Legal Compliances and Audit

Implementation of new revenue recognition standard ASC 606 case study

New Revenue Recognition Standard – ASC 606 Implementation

Key Highlights Challenge Migration from ASC 605 to ASC 606 in a timely manner Solution Guided and helped the team in complex technical accounting process changes Result Successful review and sign off of gap analysis and ERP changes by Auditors ASC 606 is the new revenue recognition standard that affects all businesses that enter into

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