The January 1, 2018 deadline is fast approaching and all companies should be actively working toward implementing the new standards (ASC 606 and IFRS 15).
A key issue for success is the concept of Performance Obligations (POBs), which are a lynchpin for driving Revenue Recognition in the new standards.
This eBook provides an overview of the Performance Obligation concept, along with specific information on the types of POBs and how to identify them.
