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 ...
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.
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 ...
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