Banning the use of iPods, Facebook, blogs and the Internet is a hostile work environment for anyone under the age of 35. At least that’s what one marketing consultant told me. Read more on Accounting Tomorrow's blog.
It’s easy to become vexed by the new standards and overwhelmed at how to comply. But it can be quite simple—even as simple as depreciating a fixed asset. With the right software that manages seamless billing processes all the way through revenue recognition, businesses can ease compliance with ASC 606.