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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 -
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.
June 25CDK Global -
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.
March 14 -
The companies are giving their customers access to both Chargebee’s subscription billing system and Softrax’s Revenue Manager revenue recognition software.
February 19 -
The Financial Accounting Standards Board issued a proposed accounting standards update Thursday on the recognition and measurement of deferred revenue in business combinations.
February 14 -
Most organizations are using manual workarounds to comply with the new rev rec standard, according to a survey by Ernst & Young.
February 4 -
The new accounting rules and the explosion in online sales are prompting merchants to change the time at which e-commerce revenue is recognized.
January 25