Learn the two GAAP criteria for revenue recognition and how companies can accurately report on their financial statements ...

The Financial Accounting Standards Board released a post-implementation review Monday of its revenue recognition standard, reflecting on the benefits and costs of the wide-ranging standard a decade ...

he courts have uniformly held that generally accepted accounting principles (GAAP) are not determinative of tax rules. Whether a taxpayer recognized income for financial statement purposes is ...

Learn the differences between the percentage of completion and completed contract methods. Discover how each impacts revenue ...

(Reuters) -Medical equipment maker Gerresheimer said it has obtained the initial findings from an investigation by an external law firm into the recognition of revenue and profit from bill-and-hold ...

LOS ALTOS, Calif.--(BUSINESS WIRE)--Today, Cacheflow launched its Revenue Recognition product in partnership with APPropoz REVvue to provide software companies with a completely integrated ...

"RevRec360™ is a natural extension of our platform's mission—to help businesses eliminate operational inefficiencies and maintain complete control over their revenue lifecycle," said JK Chelladurai, ...

NEW YORK--(BUSINESS WIRE)--Tabs, an AI-powered billing and financial operations platform for B2B businesses, is today announcing the launch of its Revenue Recognition product, a powerful addition to ...

On April 30, 2024, the Internal Revenue Service (IRS) released Rev. Proc. 2024-23, List of Automatic Changes, which provides the list of tax accounting method changes a taxpayer may file under the IRS ...