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Estimated Standalone Selling Prices

Estimating Standalone Selling Price Using the Residual Approach (ASC 606 & IFRS 15)

  • by Yogesh Pachpute
  • Posted on September 14, 2025September 15, 2025
  • RMCS

One of the most challenging aspects of revenue recognition under ASC 606 and IFRS 15 is estimating the Standalone Selling Price (SSP) for goods and services that are not sold frequently, have a wide range […]

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Observed (OSSP) vs. Estimated Standalone Selling Prices(ESSP) under ASC 606 / IFRS 15

  • by Yogesh Pachpute
  • Posted on September 10, 2025September 10, 2025
  • RMCS

Revenue recognition under ASC 606 and IFRS 15 requires companies to allocate the transaction price in a customer contract to each performance obligation based on its Standalone Selling Price (SSP). But not all goods or […]

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