Revenuehub

The new revenue standard (ASC Topic 606: Revenue Recognition In Contracts With Customers) released by the FASB in May 2014 impacts many businesses across a variety of industries. With businesses and accounting firms scrambling to understand and apply the new standard, we have created a website that seeks to answer challenging questions and explain tricky revenue topics. RevenueHub publishes plain-English articles and example-based case studies that explain the major aspects of the new revenue recognition standard. We also compile resources from the SEC, FASB, TRG, and major accounting firms: providing one place for accounting professionals to find relevant revenue guidance and improve their understanding of the new revenue standard. And if you have a particularly thorny revenue question that our articles don’t yet address, send it our way.