Revenue Recognition’s Technical Aspects Make Adoption Difficult
This is a guest blog post by RGP Director of Client Service, Stuart Fisher. It’s official. The adoption of ASC 606 – the new Revenue Recognition accounting standard, is not going to be fun. Forty percent of finance professionals surveyed by Intaact…
March 14, 2017
Revenue Recognition Is More Than a Finance & Accounting Issue
This is a guest blog post by RGP Director of Client Service, Stuart Fisher. On May 28, 2014, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB), also known as the Boards, issued converged final revenue recognition standards,…