Wendy Moran Shares New Revenue Recognition Guidance
September 10, 2018 § Leave a comment
There is new Revenue Recognition Guidance that is effective for all non-public companies for years beginning after December 15, 2018. The new guidance requires significant changes in financial reporting and accounting including a five-step analysis of revenue and additional reporting disclosures.
Check out this video by Wendy Moran, CPA, Assurance Partner for the five steps and a brief overview of each.
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