Once the performance obligations in a  biotech collaboration agreement have been identified and revenue has been...

Under ASC606, collaboration revenue is recognized as a company incurs costs to deliver the performance obligation....

When starting to assess whether your biotech collaboration falls under ASC 606, you first must determine whether the...

Publicly-traded biotech companies were required to adopt ASC 606 for their revenue recognition in their 2018 financial...

ASC 606 has made understanding revenue recognition patterns more complicated. Having an understanding of the model...

A smooth accounting close is critical to producing financial statements efficiently and effectively. Public companies who...

Interpreting the revenue recognition accounting guidance for your biotech collaboration is challenging if you aren't a...

In May 2014, the Financial Accounting Standards Board (or FASB) issued ASU 2014-09, Revenue from Contracts with Customers...