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Construction Executive published an article by Assurance Partner James Miller and Supervisor Megan Moriarty, about the revenue recognition standards for privately held construction companies.

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The implementation of Topic 606 by public companies during 2018 provided private companies with a significant amount of insight. In addition, subsequent relief and elections granted to private companies help simplify a transition that is anything but easy. However, the transition is necessary; it is incorrect for private companies to conclude that implementing Topic 606 will result in little to no changes without undertaking an analysis.

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James Miller, Partner, Assurance

Partner
Assurance
New Haven, CT
 

 
 
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