A practical guide to contract costs under ASC 340-40 — capitalising sales commissions and fulfilment costs, the one-year expedient, amortisation, impairment, and the SaaS impact.
Accounting · Topic
US GAAP Revenue & Leases
Expert guides, analysis and tool comparisons on US GAAP Revenue & Leases from the kurums.com Accounting desk — written for business decision-makers and updated as the market moves.
- 5 guides
- Updated Jun 19, 2026
Latest in US GAAP Revenue & Leases
Lessor Accounting Under ASC 842: Sales-Type, Direct Financing and Operating Leases
A practical guide to lessor accounting under ASC 842 — the three lease classifications, the accounting for each, lessor-lessee interaction, sale-and-leaseback, and key judgments.
Performance Obligations Under ASC 606: Unbundling Contracts for Revenue Recognition
A practical guide to performance obligations under ASC 606 — what makes a promise distinct, unbundling bundled contracts, contract modifications, the series guidance, and revenue timing.
ASC 842 Leases Under US GAAP: The Dual Lessee Model Explained
A practical guide to ASC 842 — the dual lessee model, finance vs operating classification, measuring the right-of-use asset and lease liability, exemptions, and the key difference from IFRS 16.
ASC 606 Revenue Recognition: The Five-Step Model Under US GAAP
A practical guide to ASC 606 — the five-step revenue model, performance obligations, transaction price, over-time vs point-in-time recognition, and disclosures under US GAAP.
All guides
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.