- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
Companies are changing their revenue recognition approach as they move from quarter to quarter, and they’re tallying higher-than-expected costs, poll says
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Revenue recognition drove more restatements in 2018 than in prior years and caused more restatements than any other area of accounting, a new study finds.
SEC comments on early reports under the new revenue recognition standard tended to sway companies to revise their reporting, analysis shows.
The Center for Audit Quality is giving audit committees a hand in overseeing implementation of the new credit losses standard.
