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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.
April 21 -
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.
February 20 -
Average audit fees increased 4.25 percent from 2017 to 2018, according to a new report.
January 15 -
CPAs should be wary of these seven client requests around revenue recognition.
January 9AICPA -
Auditing costs are going up for companies, in part due to new accounting standards for revenue recognition and leases, according to a new survey.
December 3 -
The changes mainly reflect application of the new lease accounting standard for casinos with wide area progressive slot machines.
November 20 -
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.
November 4 -
HSBC Holdings Plc’s auditors cautioned top executives that pressure to meet earnings targets gave managers an incentive to massage their numbers.
July 11 -
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.
July 11 -
The Securities and Exchange Commission is paying extra attention to the way public companies are adhering to the new rev rec standard.
July 10