Back to Insights

Vanessa A. Zang Contributes Article on Revenue Recognition and Telecommunications for Pennsylvania CPA Journal

March 13, 2019 1 Min Read Interviews, News & Press
Vanessa A. Zang, CPA Director, Audit & Accounting

Vanessa A. Zang, Vanessa A. ZangDirector, Audit & Accounting, recently wrote an article on the challenges facing telecom companies when implementing the new revenue recognition standard (ASC 606) for the PICPA's Pennsylvania CPA Journal. Vanessa notes that with the public company effective date now behind us, there have been two issues that have had the largest impact on telecom financial statements resulting from the five-step model outlined in ASC 606: elimination of the contingent revenue cap (step 4) and material considerations for nonrefundable up-front activation or installation fees (step 2).

Read the article on PICPA's website

Contact the Author

Vanessa A. Zang, CPA

Vanessa A. Zang, CPA

Director, Audit & Accounting

ESOPs Specialist, Owner Operated Private Companies Specialist, Private Equity-Backed Companies Specialist

Contact Us

We invite you to connect with us to discuss your needs and learn more about the Kreischer Miller difference.
Contact Us
You are using an unsupported version of Internet Explorer. To ensure security, performance, and full functionality, please upgrade to an up-to-date browser.