The revenue recognition standard will turn a diverse set of industry standards into “one framework about how to think about revenue.”
Former CFOs Philip Jacoby and Gregory Law are among those charged with inflating the biotech firm's revenue to meet the CEO's aggressive targets.
As the industry consolidates, health-care CFOs will encounter a plethora of revenue streams that need to be accounted for.
Microsoft adopts both the new revenue recognition and lease accounting standards early.
The natural products maker reported that it did not have to make material changes to its previously reported financial statements.
Increasing Public Company Accounting Oversight Board auditor requirements prod companies to boost Sarbanes-Oxley compliance activities, a survey…
The Korean chipmaker and its ex-CFO allegedly engaged in "accounting tricks" to meet revenue and gross margin targets after it went public.
The SEC says former finance executive Davd Pruitt improperly recognized $17.9 million in revenue from a contract with the U.S. Army.