With the new revenue recognition standard taking effect next year, companies and their investors are bound to see some dramatic changes in the topline numbers being reported.
The Financial Accounting Standards Board and the International Accounting Standards Board have done their best to harmonize their revenue recognition standards, and prepare accountants, investors and companies for the changes ahead. But there will still be a number of areas that will be likely to raise eyebrows.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access