- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
It’s starting to get tense in the trenches where finance and technology staff are preparing to implement new revenue recognition standards in 2018.
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Investors would like to see full historic numbers under the new revenue rules, but companies clearly are planning to give them less. How will they bridge the gap?
Delays in preparing for new revenue recognition requirements are starting to pinch the IT timeline, forcing many companies to develop manual workarounds.
A cannabis company agreed to pay $225,000 to settle allegations that funds were temporarily deposited into its year-end accounts for the sole purpose of inflating year-end cash, the Securities and Exchange Commission said.
