3 Ways ASC 606 Will Impact Software Companies and Future M&A
There is a new accounting regulation, ASC 606, that will accelerate software companies’ ability to recognize revenue and profitability. In an effort to establish principles that mesh with both Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS), the Financial Accounting Standards Board (FASB) introduced this new revenue recognition standard to report “useful … Continued
