Revenue recognition

The proposal would delay the effective date for one year for some private companies and nonprofits in applying the leases standard and for franchisor businesses in applying the revenue recognition standard.

Tod Nielsen is looking back on a year of revenue growth and leveraging his company’s relationship with Salesforce to add more features to FinancialForce's accounting software and attract customers.

Average audit fees increased 4.25 percent from 2017 to 2018, according to a new report.

CPAs should be wary of these seven client requests around revenue recognition.

Auditing costs are going up for companies, in part due to new accounting standards for revenue recognition and leases, according to a new survey.

The changes mainly reflect application of the new lease accounting standard for casinos with wide area progressive slot machines.

Under Armour Inc. shares plunged after the company disclosed that federal officials have been probing its accounting practices for more than two years, bringing a fresh headache to investors just as the sports brand prepares for a CEO transition.

HSBC Holdings Plc’s auditors cautioned top executives that pressure to meet earnings targets gave managers an incentive to massage their numbers.

The embattled National Rifle Association reported some good news this year: Revenue from membership dues jumped 33 percent last year to $170 million. But that picture may not be as rosy as those numbers suggest.

The Securities and Exchange Commission is paying extra attention to the way public companies are adhering to the new rev rec standard.

You can look at the revenue recognition standard in one of two ways — a compliance burden, or an opportunity for finance leaders to emerge and change the game.

MoviePass’s parent company hit another bump Tuesday, acknowledging it lost track of how many paying customers the film-subscription service had on its books.

The companies are giving their customers access to both Chargebee’s subscription billing system and Softrax’s Revenue Manager revenue recognition software.

The Financial Accounting Standards Board issued a proposed accounting standards update Thursday on the recognition and measurement of deferred revenue in business combinations.

Most organizations are using manual workarounds to comply with the new rev rec standard, according to a survey by Ernst & Young.

The new accounting rules and the explosion in online sales are prompting merchants to change the time at which e-commerce revenue is recognized.

The deadline isn't far away for privately held businesses to begin adhering to the new rules.

The SaaS-focused reporting and analytics platform automates ASC 606 and IFRS 15 compliant recognition.

The Securities and Exchange Commission has been taking a close look at how Amazon.com has been adhering to the new revenue recognition standard, particularly with regard to its Amazon Prime revenue, and Amazon has been pushing back in response to the SEC’s comment letters.

A new report from PwC finds businesses still scrambling to meet the deadlines.