posts tagged as ASC 606

5 Regulations on Retailers' Watchlists

Fast moves in Washington, combined with approaching deadlines of long-planned accounting changes are creating a rising tide of regulatory concerns in the retail industry. In fact, just over one-in-five retailers say regulations are their... read more

What Implications Could FASB's ASC 606 Have for Healthcare?

The new revenue recognition accounting standard, ASC Topic 606 Revenue from Contracts with Customers, takes effect for public entities in 2018, with all other companies following suit in 2019. Its goal is to scrap industry-specific... read more

By Carrie Shagat | October 20, 2016

BDO Restaurant CFO Bootcamp Event Recap

From September 21 to 23, Las Vegas played host to BDO's Restaurant CFO bootcamp. The three-day event catered to industry professionals including independents, franchisees, franchisors and more. Throughout those three days, key issues and... read more

Unclaimed Property Concerns for the Healthcare Industry – Part One

Accounting professionals in the healthcare industry spend significant time reviewing contracts to determine the amount of receivables to record for a given service, pursuing reimbursement for claims, and determining whether any... read more

By Ted Vaughan | April 14, 2016

Navigating the Gift Card Breakage Standards

Around two-thirds of American consumers have purchased at least one gift card, and with the surge in e-commerce, online gift card sales are growing at approximately 29% per year. However, about 40% of gift card recipients do not use the... read more

By Restaurant Practice Leaders | March 01, 2016

Revenue Recognition Changes (ASC 606) Coming for Restaurant Franchisors

In a typical contract between a restaurant franchisor and franchisee, the franchisor grants the franchisee the right to operate a restaurant using the brand name, concept, logo, food and operating system. The franchisor also typically... read more

By Nonprofit Practice Leaders | February 11, 2016

With Growth, Nonprofits Face Evolving Regulation

Amid technology advancements and a recovering economy, nonprofits capabilities are becoming more sophisticated, and so too, are the requirements being pressed upon them. read more

By Venson Wallin | February 05, 2016

How Are Changing Reimbursement Models Impacting Risk? 7 Questions to Address This Quarter

Healthcare providers are starting to feel the impact of the accelerating pace of reimbursement changes. Delivery models are transforming, ushering in new opportunities and risks that organizations must manage.  read more

BDO Knows Healthcare Fall 2015 Newsletter

How will healthcare providers adapt to the growing global market for telemedicine and the demand for telehealth services? read more

By Nonprofit Practice Leaders | May 27, 2015

Special Edition Nonprofit Standard Newsletter on ASC 606 is Now Available

Our Nonprofit & Education practice has just released a special edition of the Nonprofit Standard newsletter that is fully dedicated to a discussion of the Financial Accounting Standards Board (FASB) Accounting Standards Update (ASU) 2014... read more