United States

Implementing the Forthcoming Revenue Recognition Standard

Feb 12, 2014
From the Financial Reporting View

This edition of Defining Issues reports that advanced planning will provide companies with the flexibility to spread the work of implementing the forthcoming revenue recognition standard over a longer period and include process and system changes as part of the solution. It also will allow time for dual-reporting capability prior to the effective date and handling unanticipated complexity.

Read Defining Issues: Implementing the Forthcoming Revenue Recognition Standard