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insights from the embarker blog

ASC 606 Considerations for Construction Entities

Julie Avellanet . January 17, 2019

Just when construction companies thought they knew everything necessary to transition to the new revenue recognition standards, Embark shows up to throw a wrench into the works. While we do it from a place of love and have certainly done our fair...

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Tagged: ASC 606

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ASC 606 Revenue Recognition Template

Clancy Fossum . June 12, 2018

Remember that time you moved into a new apartment, realized you needed a new kitchen table to replace your old one made in antiquity, and immediately headed to that smartly-priced Swedish furniture megastore? You were so proud of yourself and...

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Tagged: revenue recognition, ASC 606

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Real Estate and ASC 606: New Rev Rec Standards

Clancy Fossum . May 17, 2018

The people have spoken and we, your friendly dispensers of financial wisdom, have listened. Yes, real estate industry, your long and painful wait is finally over as Embark is lending our sage insights to the intricacies of the new revenue...

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Tagged: revenue recognition, ASC 606, real estate

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ASC 606 Rev Rec Standard Impacts Life Sciences Industry

Clancy Fossum . December 05, 2017

Have you ever found yourself wandering through the cavernous halls of an art museum — maybe for a moment of deep introspection, may be to ditch your boss on a particularly unnerving Tuesday afternoon — and stumbled upon a gawking audience...

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Tagged: revenue recognition, ASC 606, life sciences

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ASC 606 Rev Rec Standard Impacts Manufacturing Industry

Clancy Fossum . November 29, 2017

Your friends at Embark love movies. While space adventures, historical dramas and sci-fi mind benders are some of our favorites, a good thriller featuring a detective with an eye for minutiae and a cranky disposition just might be our top choice.

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Tagged: manufacturing, revenue recognition, ASC 606

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Choose an ASC 606 Adoption Method: Modified or Full Retrospective

Clancy Fossum . October 30, 2017

If you have any friends or family that are teachers, you've probably heard most of their stories, both good and bad, a thousand times. Whether they teach grade school, middle school or high school, however, there seems to be one adage that always...

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Tagged: revenue recognition, ASC 606

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ASC 606 Revenue Recognition Timeline [Infographic]

Clancy Fossum . October 26, 2017

You must admit that your colleagues here at Embark are persistent. Whatever your preferred cliché might be – the squeaky wheel gets the grease, the barking dog gets fed, the insistent accountant remains compliant (fake but apropos) – we have...

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Tagged: revenue recognition, ASC 606

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