Significant financing components under the new revenue standard (ASC 606)
PwC US
Published at : 20 Oct 2021
Published at : 20 Oct 2021
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Learn more at PwC.com - https://pwc.to/2DkdzUg
Watch our video on significant financing components under ASC 606 to learn more on key aspects to consider when assessing revenue contracts. These factors include length of time, reason for the timing of payments, and market interest rates. We also discuss situations where financing may not be significant to the contract, and a practical expedient.
PwCsignificant financing componentvendor financing
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