By Tammy Whitehouse2016-03-11T09:15:00
FASB has determined how it wants to address questions around certain aspects of the disclosure requirements for unmet performance obligations in the new revenue recognition standard. The board plans to add a practical expedient to the disclosure requirements around certain types of variable consideration; it also will make some improvements ...
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.
2016-06-01T09:30:00Z By Tammy Whitehouse
New revenue recognition standards will come into force within 18 months, but accounting leaders everywhere don’t seem to be in a hurry to undertake the huge amount of work it will take to get ready. Tammy Whitehouse reports from the Compliance Week 2016 conference.
2016-05-10T12:15:00Z By Tammy Whitehouse
With new revenue recognition rules fast approaching, public companies everywhere are preparing as best they can, but an uncertain future awaits everyone. Tammy Whitehouse looks at what’s behind implementation delays.
2026-01-22T17:36:00Z By Diana Mugambi CW guest columnist
For more than two decades, assurance and compliance frameworks have rested on a simple assumption: Material decisions are made by people. Post‑Sarbanes-Oxley Act (SOX) assurance reset worked because it aligned accountability with human behavior. That assumption shapes how internal controls are designed, how accountability is assigned, and how assurance is ...
Site powered by Webvision Cloud