The revenue recognition standard that takes effect in December for public companies could pose challenges for technology businesses, particularly those relying on traditional subscription licenses, ...

Public companies have less than five months to get up to speed with a new way of reporting revenue. On Jan. 1, ASC Topic 606, Revenue from Contracts with Customers, takes effect for publicly traded ...

The Securities and Exchange Commission has released a staff accounting bulletin to conform its existing staff guidance to the new revenue recognition standard that takes effect for public companies at ...

Revenue recognition has always represented a challenge for the construction sector. This basic accounting principle defines the how and when a business addresses income it earns through contracted ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. At long last, private contractors will be making the change ...

While everyone is focusing on tax reform, a topic that should not be overlooked is the financial statement impact of the new revenue recognition standard ASC 606 Revenue from Contracts with Customers.