As the industry consolidates, health-care CFOs will encounter a plethora of revenue streams that need to be accounted for.
The firm’s client, Miller Energy Resources, inflated $5 million in oil and gas assets to nearly $500 million, according to the SEC.
Microsoft adopts both the new revenue recognition and lease accounting standards early.
But big, public, non-financial companies are generating cash partly by cutting capex, study finds.
The Financial Accounting Standards Board’s ruling on hedge accounting has something for every company that uses derivatives, an EY executive says.
When a company's financial results are mixed, readability can carry the day, finds a new study.
Many finance departments at subscription-based companies are woefully unprepared for the new accounting standard, says Zuora's CEO.
But investor demand for environmental information will drive companies to disclose it, Mary Schapiro says.
Among other things, the new approach will limit the ability of firms to predict which of their audits the PCAOB may select to inspect.
Disclosing supplemental information like key operating metrics and forecasts requires controls and procedures, says the SEC's Wesley Bricker.