Deloitte
Accounting Research Tool
...
Accounting Spotlight Newsletter

Revenue Recognition — Contract Modifications (June 29, 2020)

Accounting Spotlight
June 29, 2020
Image cannot be displayed

Revenue Recognition — Contract Modifications

Footnotes

1
FASB Accounting Standards Update (ASU) No. 2014-09, Revenue From Contracts With Customers (Topic 606).
2
For a list of final ASUs issued by the FASB to amend and clarify the guidance in ASU 2014-09, see Section 19.2.2 of Deloitte’s A Roadmap to Applying the New Revenue Recognition Standard. The guidance in ASU 2014-09, as amended, is codified primarily in FASB Accounting Standards Codification (ASC) Topic 606, Revenue From Contracts With Customers, and Subtopic 340-40, Other Assets and Deferred Costs — Contracts With Customers.
3
FASB Accounting Standards Codification Topic 310, Receivables.
4
FASB Accounting Standards Codification Subtopic 326-20, Financial Instruments — Credit Losses: Measured at Amortized Cost.
5
FASB Accounting Standards Update No. 2016-13, Measurement of Credit Losses on Financial Instruments.
6
For a list of final ASUs issued by the FASB to amend and clarify the guidance in ASU 2016-13, see Section 10.2.1 of Deloitte’s A Roadmap to Accounting for Current Expected Credit Losses.