Revenue Recognition: Are You Ready for the New Standard?

Written by Derrel Curry, CPA, CGMA and Stephen Von Hagel, CPA, CGMA As many of you are aware, in 2014, the Financial Accounting Standards Board (FASB) issued a new standard governing revenue recognition. The new guidance converges with the equivalent IFRS 15 guidance to provide a framework for companies to follow when preparing financial statements. […]

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