What is the purpose of ASC 606?

Related questions

1. What is the purpose of IFRS 15?
2. What qualifies as a financial asset?
3. What is a performance obligation IFRS 15?
4. What is ASC 606 Revenue?
5. What is the difference between ASC 605 and 606?
6. What are the two basic types of financial assets?
7. Is cash a financial asset?
8. How many countries use IFRS?
9. When can you recognize revenue?
10. What is a contract asset IFRS 15?

Tags

1. #recognition
2. #standard
3. #transfer
4. #affects
5. #public
6. #revenue
7. #businesses
8. #enter
9. #services
10. #entities
11. #goods
12. #private
13. #profit
14. #contracts
15. #customers