Special episode: New rules on acquired revenue contracts

This week we have a special episode focused on the FASB’s new guidance related to contract assets and contract liabilities (i.e., deferred revenue) acquired in a business combination (ASU 2021-08). Host Heather Horn is joined by Andreas Ohl and Jay Seliber, PwC National Office partners, to talk about key changes and considerations in the new rules, and the timing of adoption. Topics include: 1:19 - Background. Jay and Andreas begin by discussing the scope of the newly-issued guidance, a...