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WHITE PAPER:

How Costpoint Helps Project-Based Businesses Prepare for ASC 606

The deadline for Accounting Standards Codification (ASC) 606 is approaching fast. How prepared are you?

Preparing for the implementation of the Revenue from Contracts with Customers is no easy feat. The new revenue recognition standards have major changes coming soon that could affect revenue associated with contracts you have with your customers. Public held businesses have until December 15, 2017 and private held businesses have until December 15, 2018 to meet those requirements.

Download this free whitepaper, How Costpoint Helps Project-Based Businesses Prepare for ASC 606, to understand the requirements you must meet before the deadline and how Deltek is able to help you prepare for the new standard.

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Highlights Include:

The development of Revenue from Contracts with Customers ASC 606 and how it affects your business

A comprehensive 5 step model to help you recognize revenue

Adoption methods you should be aware of as your company moves to the new standard

Understanding disclosures and financial reporting requirements under ASC 606

How companies can run comparison analysis and financial reporting of different projects with Costpoint in order to prepare for the new standard.