Provided by KPMG2015-07-17T10:15:00
Research shows that many companies have yet to fully wrap their arms around the new regulations affecting revenue recognition. To complicate the issue, the 700-page document of new accounting rules contains uncertainties that require compliance officers to be on point with their game.
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2015-09-22T11:00:00Z By Tammy Whitehouse
Image: Companies are starting to awaken to yet another wrinkle in the new revenue recognition standard: how it will affect the sale of non-financial assets, such as when you sell off an old property or intangible asset. “If you’re not in the real estate business, you don’t think of the ...
2015-07-21T12:00:00Z By Tammy Whitehouse
Image: Don’t let your accounting department get too excited with that additional year FASB has granted to adopt the new standard for revenue recognition. Experts helping companies’ implementation efforts say that extra time is much needed, with plenty of questions about the standard remaining unanswered. And don’t forget, “half of ...
2026-02-05T00:55:00Z By Ruth Prickett
Major accountancy firms in France are under investigation for anti-competitive practices. The French competition watchdog embarked on a series of “unannounced inspections” and removed documents relating to audit and reporting on Jan. 13.
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