- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
SEC staff have signaled companies might want to take a second look at their revenue recognition compliance as they approach their first year-end filing under ASC 606.
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While most public companies have yet to complete a full year of reporting under new revenue recognition rules, some are already finding reasons to restate.
Change has become the new normal in public company accounting offices, and 2019 promises to deliver even more of the same.
As calendar-year companies approach their year-end close, audit firms are prepping teams for the big issues they need to scrutinize closely in their 2018 year-end audits.
