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Keith Perry Director of Global Accounting

Decision Tree for 08-1 and its successors? Software revenue recognition

Asked on June 5, 2013

Colleagues,

Does anyone know of an updated decision tree for basic sorting of which rule from which standards body applies for software rev rec? I would especially appreciate one that includes ASC 985-605, ASU 2009-14, 650-25, 2009-13. Bonus points for any inclusion of IAS 18.

I do have the write-ups from Deloitte et al, but it would be nice to have a secret decoder ring to help me keep my head around it!

Cheers,

Keith

Answers

Carrie Roesner Controller and VP • May 29, 2013

It's not really a decision tree, but we put together a chart to summarize/compare the different standards that is useful for both the accounting team and the executives since it's not too jargony. I'd be happy to share it but I'm don't think you can upload an attachment here. Please contact me directly if you're interested!

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