Market opportunities include staying updated with evolving ASC 606 for better revenue recognition, understanding interactions with other accounting standards, and benchmarking against peers. This ...

It's the biggest item in a financial statement, and the most frequent cause of restatements. Elements of its generally accepted accounting principles appear in over 200 pronouncements from half a ...

The Financial Accounting Standards Board, which continues to field criticism that it acts too slowly to issue and update accounting standards, sent out a notice this week announcing the formation of a ...

With 18 months remaining until all companies are required to report revenue following hundreds of pages of new accounting guidance, accounting leaders are a little stumped on why companies aren’t ...

LOS ALTOS, Calif.--(BUSINESS WIRE)--Today, Cacheflow launched its Revenue Recognition product in partnership with APPropoz REVvue to provide software companies with a completely integrated ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Recognizing revenue is the process of mapping the money businesses make ...

In a recent webinar poll 1, approximately 5,400 participants spanning multiple industries and at varying job levels responded to questions on implementation readiness, anticipated challenges, and how ...

One of the most difficult challenges for some auditors as 2019 comes to an end is maintaining their independence amid the frustration and confusion of their clients over the implementation of FASB’s ...

What Is the Difference Between the Revenue Recognition Principle and the Expense Matching Principle? Understand the uses of these two core principles. The revenue recognition principle is a ...

HUNT VALLEY, Md.--(BUSINESS WIRE)-- Omega Healthcare Investors, Inc. (NYSE:OHI) (the “Company” or “Omega”) today announced that it is revising its method of accounting for lease-related revenues of ...

Speaking at an event last week, Mark Koziel said the CPA profession faces pressure from policy shifts, regulation changes and evolving expectations inside the industry.