Companies are adopting new standards aimed at improving comparability by implementing a single revenue recognition model.
"Many companies will likely struggle to be ready by the effective date” of the updated lease accounting standard, says a Deloitte executive.
The SEC says a sales scheme that inflated financial results at Maxwell Technologies should have been detected by the former CEO and former controller.
Many companies are underestimating the need to establish a stable, sustainable revenue recognition process under the new standard, says SAP's CAO.
A report by Moody's says lax accounting requirements for reverse factoring arrangements helped mask the U.K. firm's deteriorating financial condition.
Under a Financial Accounting Standards Board proposal, companies could reflect the effects of the new 21% rate on their balance sheets.
As 2018 begins, it is important to be aware of requirements and guidance recently issued by the Financial Accounting Standards Board (FASB) and the…
Non-GAAP metrics command far more attention from investors than do the official numbers, new research shows.
The 50 employees at the Securities and Exchange Commission’s office of the chief accountant try to keep up with technology changes like bitcoin.
How much do you know about FASB's new rules on revenue recognition? Take our quiz to find out.
