Auditing New Revenue Rule: “Like a First-Year Audit"

By Tammy Whitehouse2014-07-22T11:45:00

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Companies Fall Behind on Preparing for Revenue Recognition Rules

2014-11-18T12:30:00Z By Tammy Whitehouse

Image: Title: Mirando-GouldAccounting experts say that most companies will not be prepared to follow new revenue recognition accounting rules at the start of next year, the ideal date for those that want to be ready for a full retrospective adoption. Meanwhile, officials at the Financial Accounting Standards Board say they ...
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Answering Some Common Questions About the New Revenue Standard

2014-08-05T11:00:00Z By Tammy Whitehouse
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U.K. financial regulator looks to streamline audit enforcement procedures

2025-10-15T19:16:00Z By Ruth Prickett

Auditors are supposed to keep businesses honest, but how much regulation is the optimum for the auditors – and how onerous and punitive should the enforcement regime be? A new consultation by the U.K. regulator, the Financial Reporting Council, opened on Oct. 1 and has put the vexed question of ...