Roadmap
Revenue Recognition (November
2021)
- View the PDF version (viewable without subscription):
- Subscription required for downloading, copying, or printing.
- Clients who are not DART subscribers may request a copy of the PDF from their engagement teams.
- View the active version (subscription required).
This Roadmap provides Deloitte’s
insights into and interpretations of the guidance in ASC 606 on revenue from
contracts with customers, the cost guidance in ASC 340-40, and the guidance in ASC
610-20 on gains and losses on transfers of nonfinancial and in-substance
nonfinancial assets to noncustomers. The 2021 edition includes updated and expanded
guidance as well as On the Radar, a new section that briefly summarizes emerging
issues and trends related to the accounting and financial reporting topics addressed
in the Roadmap. On the
Radar is also available as a stand-alone publication. Appendix G highlights all new
content and any substantive revisions to previous content.
This Roadmap replaces the Deloitte
Q&As that were contained in ASC 606, ASC 340-40, and ASC 610-20. To find the
text in the Roadmap that corresponds to a former Q&A, select the “Revenue” tab
at the bottom of the Q&A
to Roadmap Quick Reference Guide and search for the Q&A’s
number or title.
Be sure to check out other titles in Deloitte’s Roadmap
series, our comprehensive, easy-to-understand collection of
accounting guides on selected topics of broad interest to the financial reporting
community.