When Statement of Position 97-2, Software Revenue Recognition , was issued in October 1997, it was clear that all software companies would transition to this new standard. What was not clear was how ...

There’s no shortage of disruption across the supply chain these days. Yet efforts to address it can create operational ...

Billing processes today are defined by real-time analytics, connected systems, and intelligent automation. In this landscape, accounting ...

Certain issues related to revenue recognition are causing enough application problems that the Financial Accounting Standards Board may choose to adjust the standard. But in the meantime, financial ...

Accounting FASB reviews impact of revenue recognition standard By Michael Cohn November 25, 2024, 2:41 p.m. EST 3 Min Read ...

From 2018 through mid-2019, the SEC alleged, the defendants’ improper revenue recognition practices resulted in the company’s overstating revenue by “approximately $12 million for fiscal ...

The acquisition of LeapRev enhances the revenue recognition capabilities of the Recurly platform, streamlining the complex revenue reporting processes associated with subscription contracts ...

With the adoption of ASC 606, the Company expects the total net revenue to be (i) RMB 1.7 million for the period from the inception date of July 25, 2016 to December 31, 2016; (ii) RMB 788 million ...