guide

Managing Commissions Under the New Revenue Recognition Standard

Learn everything you need to know about complying with ASC 606 (IFRS 15) in this guide on transitioning to and managing sales commissions under ASC 606.

As one of the biggest changes in accounting standards in recent history, FASB’s new single, principle-based approach to accounting for revenue is a turnaround from the existing rule-based system. A lot of guidance has been made available around the new standard in regards to how it changes revenue accounting and related disclosures. Learn more about whether your commission management solution is able to comply, so you can be prepared for the changes ahead.