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Mar 2018 - Market Perspective - Doc # US43590416

New Revenue Recognition Rules: ASC 606 — Beauty or Beast?

By: Kevin PermenterSenior Research Analyst, Enterprise Applications


This IDC Market Perspective provides an update on the impending accounting standard changes from ASC 606 and the potential impact of new standards on key markets. We also provide guidance based on IDC's assessment of the market, technology, and offerings.

"Recent regulatory changes including IFRS 15 and ASC 606 are reshaping financial applications. The regulatory changes are already impacting the financial applications market, both complicating the internal business processes for software companies and, for a certain group, providing a tremendous opportunity to gain new customers," says Kevin M. Permenter, senior research analyst, Enterprise Applications.


Subscriptions Covered

Digital Commerce , Enterprise Applications , Enterprise Applications and Digital Commerce

Regions Covered


Topics Covered

Financial resource management, eCommerce


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