Two accounting boards are working toward a common set of procedures for recognizing revenue. The international financial reporting standards, or IFRS, are the International Accounting Standards ...

The new revenue recognition model issued by The Financial Accounting Standards Board (FASB) and the International Accounting Standard Board (IASB) in May presents a number of accounting issues, ...

Five years after the Financial Accounting Standards Board (FASB) first issued new revenue recognition rules, we finally get to see its impact on reported financials. While the new standard, ASU ...

Revenue recognition standards determine both how much and when revenue is recognized on the income statement. Any company keeping their financial statements under generally accepted accounting ...

The Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) on May 28, 2014 issued their final standard on revenue from contracts with customers. The ...

The Financial Accounting Standards Board and the International Accounting Standards Board have released their long-awaited converged standard on revenue recognition after more than a decade of effort.

Changes to principal vs. agent guidance are on track for final approval as FASB and the International Accounting Standards Board (IASB) amend the converged revenue recognition standard that they ...

The primary purpose of the whitepaper is to raise awareness of the potential ERP implementation challenges facing customers and consultants who are implementing Microsoft Dynamics AX to handle the ...

SAN FRANCISCO--(BUSINESS WIRE)--Recurly, Inc., a leading subscription management and billing platform for high-growth brands, has announced an agreement to acquire LeapRev, a global revenue ...

It took more than 11 years for FASB and the International Accounting Standards Board (IASB) to develop a converged standard for revenue recognition, which first appeared on the boards’ technical ...