SEC Expects Year-End Disclosures on Revenue Rule Plans

By Tammy Whitehouse2015-10-28T17:15:00

Image: SEC Chief Accountant Jim Schnurr has advised audit committees to get involved in overseeing implementation of the new revenue standard, which takes effect in 2018. Schnurr said that should include disclosures about how the standard will affect financial statements. “We expect the level of these disclosures to increase and ...

THIS IS MEMBERS-ONLY CONTENT

SINGLE MEMBERSHIP CORPORATE MEMBERSHIP

You are not logged in and do not have access to members-only content.

If you are already a registered user or a member, SIGN IN now.

Article
Biggest companies wrapping up revenue recognition studies

2016-11-22T13:30:00Z By Tammy Whitehouse

Big companies are wrapping up revenue recognition assessments and determining what to disclose to investors at year-end. Tammy Whitehouse has more.
Article
Auditing World Braces: More ICFR Attention, Big Rule Changes

2016-01-05T09:15:00Z By Tammy Whitehouse

Image: Expecting a letup in the scrutiny of internal controls? Forget it: 2016 promises to be another intensive year for ICFR as all sides sharpen their understanding of the subject. “Internal control over financial reporting will remain on everyone’s radar,” says Cindy Fornelli, head of the Center for Audit Quality. ...
Article
Revenue Standard Update: Companies Still Ducking It

2015-11-10T10:15:00Z By Tammy Whitehouse

Image: Corporate finance departments are playing the silent type right now about how they plan to implement the new revenue recognition standard—which is not quite the amount of disclosure the SEC and others want to see in year-end filings. Those businesses not doing or saying much could be in for ...

“For tracking litigation, enforcement, and regulatory developments, Compliance Weekshould be your prime source.”

SEC Expects Year-End Disclosures on Revenue Rule Plans

THIS IS MEMBERS-ONLY CONTENT

Related articles

Biggest companies wrapping up revenue recognition studies

Auditing World Braces: More ICFR Attention, Big Rule Changes

Revenue Standard Update: Companies Still Ducking It

“For tracking litigation, enforcement, and regulatory developments, Compliance Week
should be your prime source.”