Implementation Critical Success Factors and Accounting Standard Codification Topic 606 Implementation Dynamics: A Correlational Study

Abstract

This study examined implementation critical success factors and ASC 606 implementation dynamics. The study includes organizational dynamics that strengthen change: responsiveness, absorptive capability, and organizational implementation context. The study investigated relationships between implementation critical success factors (CSF) and ASC 606 implementation outcomes to understand mechanisms most likely to cause a change in implementation outcomes. The study adopted the ex post facto nonexperimental correlational quantitative method. Linear regression was used to evaluate the extent to which implementation of CSF predict ASC 606 implementation outcomes. Findings revealed three CSF significantly predicted ASC 606 implementation outcomes: organizational implementation context, absorptive capacity, organizational agility.