Revenue Recognition:
COMBINING CONTRACTS – Specific Guidelines and Examples

Kathleen Baldwin, CPA, CCIFP
Executive Director

“The CICPAC membership compiled this impactful document focused on Revenue from Contracts with Customers to assist our clients (and friends).”

One of the more potentially significant points of analysis and impact for contractors relates to whether certain contracts should be combined from an accounting perspective. The new standard contains specific guidance for analyzing whether combining should occur. Importantly, and different from the potential result under previous revenue recognition guidance, combining is not optional under ASC 606.

This publication was written and edited by the best in the industry, it is offered as a “go to publication” for construction CPAs and their clients. This paper offers guidance and examples on Topic ASC 606 – Combining Contracts.

Submit the form below to download the full PDF and reach out to your local CICPAC member firm with any questions or for assistance in implementing.

Download Revenue Recognition Combining Contracts

  • Download our whitepaper discussing implementation of ASC 606 - Combining Contracts. As always, reach out to a CICPAC member near you for further guidance.