19 min

Revenue comment letter observations PwC's accounting podcast series

    • Business

What has the SEC staff commented on in letters to companies on the new revenue standard? In this podcast, we examine some of the SEC comment letters related to companies who have adopted the new revenue standard and have received comment letters through October 2018. From our review of the letters, we’ll discuss our observations, including: identification of performance obligations, estimating transaction price, timing of revenue recognition, principal versus agent assessments (gross versus net reporting of revenue), and capitalized costs related to revenue contracts.

What has the SEC staff commented on in letters to companies on the new revenue standard? In this podcast, we examine some of the SEC comment letters related to companies who have adopted the new revenue standard and have received comment letters through October 2018. From our review of the letters, we’ll discuss our observations, including: identification of performance obligations, estimating transaction price, timing of revenue recognition, principal versus agent assessments (gross versus net reporting of revenue), and capitalized costs related to revenue contracts.

19 min

Top Podcasts In Business