The "Revenue Recognition CPE Update: Evolving Issues 2026 (Mar 18th - Mar 19th, 2026)" conference has been added to ResearchAndMarkets.com's offering.

Accrued revenue occurs when a company has earned revenue but hasn't billed a client for payment. To record accrued revenue, the company accountant debits accrued billings and credits revenue for the ...

The AICPA Financial Reporting Executive Committee (FinREC) issued for informal comment Monday nine working drafts that discuss accounting issues related to the implementation of the new revenue ...

Another major issue in revenue accounting is when to recognize or record the revenue. A common practice is to record the revenue when we receive payment (cash) from the customer. This is referred to ...

Thomson Reuters has issued PPC’s Guide to Revenue Recognition, a new publication providing guidance to accountants and their clients on the Financial Accounting Standards Board’s new revenue ...

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 new revenue recognition standards under GAAP (Accounting Standards Update 2014-09; Topic 606) will be applicable to public companies for annual reporting periods beginning after December 15, 2017.

Identifying and assessing the risks of material misstatement due to fraud are among the most challenging aspects of auditing in recent years, according to outreach conducted by the AICPA Auditing ...

With the new revenue recognition standard taking effect next year, companies and their investors are bound to see some dramatic changes in the topline numbers being reported. The Financial Accounting ...

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 ...

DUBLIN, Dec. 24, 2019 /PRNewswire/ -- The "Revenue Recognition Accounting Update 2020 (ASC 606)" conference has been added to ResearchAndMarkets.com's offering. The new Revenue Recognition Standard ...

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. The new standard was originally ...