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MedTech Bundling Requires Both DSE and Lessor Accounting Solutions

Bramasol

For example, according to Med Device Online , "Many manufacturers are implementing innovative pricing models to lower buyer-side pressure. In addition, global companies need the flexibility to comply and report according to multiple accounting standards. For revenue recognition, they also must comply with ASC 606 and IFRS 15.

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Strategic Finance Focus at Year-End

VCFO

This can include software companies, manufacturers and many who may not even have thought of themselves as a research-oriented business. Assessing Accounting For entities preparing GAAP compliant financial statements, adoption of Revenue Recognition Standard (ASC 606) and Lease Accounting Standard (ASC 842) is now mandatory.

Finance 89