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Chapter 8 — Step 5: Determine When to Recognize Revenue

8.7 Repurchase Agreements

8.7 Repurchase Agreements

ASC 606-10
25-26 When evaluating whether a customer obtains control of an asset, an entity shall consider any agreement to repurchase the asset (see paragraphs 606-10-55-66 through 55-78).

Footnotes

8
Case A of Example 62, on which Case B is based, is reproduced in Section 8.7.1.