Intacct Leads the Way for ASC 606 and IFRS 15 Revenue Recognition

ASC 606 and IFRS 15

Every subscription-based business and services firm should be aware of ASC 606 (FASB ASU 2014-09) and IFRS 15, which substantially affect how revenue is recognized. As this new standard is established, these companies will have to recognize revenue correctly or risk audits and the need to re-file earnings.

Blue Hill, an independent research and advisory service for the enterprise technology market, believes that Sage Intacct has taken an important leadership stance in providing a first-to-market revenue recognition solution for organizations seeking to understand how best to manage “performance obligations” and event-based revenue 

Download this free research guide on ASC 606 and IFRS 15 completed by Blue Hill.

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