<img height="1" width="1" src="https://www.facebook.com/tr?id=187366305334609&amp;ev=PageView%20&amp;noscript=1">
Skip to content

ASC 606 Revenue Recognition Template

Reduce audit risk and eliminate guesswork

A structured, audit-ready revenue recognition framework that helps you apply ASC 606 consistently, document key judgments, and eliminate guesswork across every contract.

  • Standardizes revenue recognition across all customer contracts
  • Guides ASC 606 analysis step by step, no missed requirements
  • Documents key revenue judgments in an audit-ready format
  • Reduces audit risk from improper revenue recognition
  • Eliminates ad-hoc spreadsheets and inconsistent analyses

Embark isn't your ordinary consulting firm

Download the revenue recognition template

Omni
TGI Friday
hellofresh
SLB
gamestop
aimbridge
Tenet health

Get financial reporting & advisory support from experienced advisors

Embark elevates your financial operations with our financial reporting & advisory solutions:

Financial Audit Readiness & Support

Audits shouldn't keep you up at night. We'll streamline the entire process, minimize surprises, and make sure everything runs smoothly. Transform your audit from a migraine into a well-oiled machine.

Financial Reporting

Take the headaches and worry out of reporting requirements. We combine practical experience and modern tech to transform your financials into clear, insightful reports that keep investors, regulators, and other stakeholders happy.

Internal Audit & Controls

Minimize risk and maximize efficiency with a robust internal audit function and controls. We'll partner with you to spot vulnerabilities and implement the right solutions.

Process Optimization

Mountains of spreadsheets and manual tasks shouldn’t be bogging down your team.  We'll optimize your processes so they can focus on what adds true value to the business.

Clean Up

Messy, inaccurate numbers don’t exactly inspire confidence. We’ll clean up your accounting and reporting to give you the reliable data you need to make confident decisions and keep stakeholders smiling.

Outsourcing

Outsource the routine reporting and financial tasks and free your team for high-impact work. We'll handle the daily grind so they can analyze, strategize, and help your business flex its muscles.

Data Analytics & Automation

Make smarter decisions with absolute confidence by harnessing the power of analytics and automation to transform your data into actionable insights.

Management Reporting

See the bigger picture and make confident, proactive decisions. We transform complex data into crystal-clear, real-time insights. Spend less time manually building reports and more time planning for the future.

Team Continuity

Sudden gaps in your team can wreak havoc on your operations and your bottom line. We step in with the skills you need, keeping everything running smoothly. No temps or agency placeholders from Embark, just experienced pros.

Valuation

Navigate complex valuation needs without breaking a sweat. We’ll handle the analysis for goodwill, purchase price allocations, asset impairment testing, and other critical requirements.

Finance Transformation

Transform your finance function into a strategic powerhouse with modernized systems, streamlined processes, and refined team capabilities. 

Complex Transaction Analysis & Advisory

Complex reporting standards can derail your focus and decision-making. We provide the GAAP & IFRS knowledge you need for clear compliance and confident strategic choices.

93
Net Promoter Score
Over 70% higher than the industry average
9%
Attrition rate for Embark consultants
Our attrition rate is half the competition's
20X
Revenue growth vs. the industry
Embark's YoY growth is 20x the industry average
90%
Employee approval rating
Our people are proud to work at Embark

Talk to a consultant about your rev rec questions

Our client satisfaction scores are more than 70% higher than the industry average — here’s why:

Embark sends the best people, so much so that it makes us think that these people grow on trees. We know they don't and we are grateful for all Embark does for our team.
Brandon Walls, CPA - Vice President, Controller of Ashford Hospitality Trust
Amazing supportive attitude supported by a deep and broad knowledge and skill. Our requirement is always 1000% fulfilled by Embark team.
Bruce Suzuki, Lyseon North America Inc. (LNAI)
The team is on top of it. They have been understanding and flexible with pricing and timing the engagement. The team, at all levels, is very competent in regards to the project. They stay in constant communication and engage us in a very personal yet professional manner.
Terry Nwosuoch, CPA - Senior Director of Financial Reporting & Accounting of SecurityScorecard
We have had great experience with highly competent people in all projects we have engaged them for. In my experience the competence of the folks has been hard to replicate consistently with other companies.
Melanie Merritt, Corporate Controller of Helmerich & Payne, Inc.

Reshape your audit approach for maximum benefit

The new revenue recognition guidance might be straight-forward but its implementation and impact on businesses remains unclear for many decision-makers.

Download our ASC 606 Excel template to quickly get compliant and gauge how the new revenue recognition accounting standard might impact your business.

Download the template
Screenshot 2024-11-13 at 11.53.31 AM
Text with a real person

Every Embark solution starts with a conversation. An experienced consultant is ready to text. Really.