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march PCPS Tool
Tool: Breaking Down Revenue Recognition into Plain English
Description: We’re here for you in changing times! The Revenue from Contracts with Customers standard has the potential to impact the day-to-day accounting and the way business is executed through contracts for customers in almost every entity. Use this guide along with other resources in the PCPS Breaking Down Revenue Recognition Toolkit to understand the changes and their impacts, help train your professional staff to ensure effective and efficient implementation, and proactively communicate with clients and stakeholders about the changes they can expect.
This tool is an example of the turnkey practice management tools and resources PCPS delivers.
PCPS is an add-on firm membership section within the AICPA. A PCPS firm membership at only $35 per CPA, up to a max of $700 per firm, is a great investment for a broad range of practice management resources. Find out if you are already a PCPS member or register for a virtual tour to learn more.