- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
As they file their first 10-Qs under new revenue rules, companies may find their judgments will face a whole new round of scrutiny in the very next quarter.
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Whatever public companies have disclosed about revenue recognition so far, regulatory reaction after two quarterly filings would suggest they should plan to say more.
Even after calendar-yer companies have filed their first-quarter reports reflecting a new way to recognize revenue, work continues to adapt to the new rules.
As new accounting rules begin to change key metrics in financial statements, companies are beginning to reconsider certain aspects of how they do business.
