Thursday, June 20, 2019
Home Authors Posts by gpldev

gpldev

11 POSTS 0 COMMENTS

Will your company’s revenue disappear into a black hole?

inShare It might upon adoption of ASC 606 if you have time-based software licenses. Many software vendors today offer their customers a...

Can you mitigate credit risk under new Rev Rec standard

What if you don't have a contract for accounting purposes?  Any relief? ….The FASB takes a shot at these and more at its recent meeting.  The...

What PSO’s need to do to prepare for new Revenue Recognition...

So the holiday season is just around the corner. Right around the second corner in the New Year, new revenue recognition regulations will be...

Internal Controls with The New Revenue Recognition Standard

company Golden Bear Golf Inc. is named after legendary golfer Jack Nicklaus. Its fully owned subsidiary is Paragon, which builds golf courses. Paragon executives...

Companies Still Assessing Revenue Recognition & Auditors Must Take Action

Public companies are still behind in their efforts to implement ASC 606 & IFRS 15. Time is running out for public companies, as they only...

Your Five-Step Program to Revenue Recognition Compliance

I’ve been writing a lot lately about the new revenue recognition standards (created by ASC 606 and IFRS 15) companies will soon need to adopt to...

Comments on SEC Staff Announcement on SAB Topic 11.M (SAB 74)

On September 22, 2016, the SEC Staff issued comments on the disclosure requirements of SAB Topic 11.M (SAB 74) related to the expected impact...

Companies are slacking when it comes to Revenue Recognition Implementation

According to Bloomberg’s recent article, “Many Companies Completely Unready for Revenue Standard” public companies are slacking when it comes to implementing the new revenue recognition standard. Companies...

KPMG Releases Guide on Revenue Recognition Dislcosures

FASB significantly expanded disclosure requirements related to revenue recognition which are an important part of the new revenue recognition standard.  The revenue disclosure significantly change to...

Understanding Variable Consideration and The Time Value of Money

With the new revenue recognition standards upon us and adoption for public entities right around the corner, we’re finding that two aspects are tripping...
- Let's Start A Conversation -

EDITOR PICKS