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Subscription Revenue Recognition & Topic 606

 

"How does Topic 606 revenue recognition affect subscription revenue?"

This question was asked at a recent webinar, now available on-demand:

"Topic 606 Revenue Recognition: A Deep Dive into the 5 Steps to Recognition"

Please add your thoughts about it below. Thanks!

Answers

Jeff Tchir
Title: Founder and Technical Advisor, RevRec.NE..
Company: RevRec.NET
LinkedIn Profile
(Founder and Technical Advisor, RevRec.NET, RevRec.NET) |

Generally, if your business model is recognized over time, recognition will be similar under the new standard. That said, I think people use the term "subscription revenue" pretty loosely (and maybe too broadly). What you have to watch out for and determine for yourself is the nature of each distinct performance obligation within what is provided to the customer.

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