- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
Whatever public companies have disclosed about revenue recognition so far, regulatory reaction after two quarterly filings would suggest they should plan to say more.
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As companies wrap up their first year under the new revenue recognition standard, evidence of the learning curve and challenges with comparability are abundant.
While most public companies have yet to complete a full year of reporting under new revenue recognition rules, some are already finding reasons to restate.
Change has become the new normal in public company accounting offices, and 2019 promises to deliver even more of the same.
