BTerrell Group Blog

Are you Prepared for Upcoming GAAP Revenue Recognition Changes?

Posted by Brian Terrell on Thu, Apr 28, 2016

Back in 2014, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) released new guidance on recognizing revenues in contracts with customers.  Revenue recognition is essential for strong financial management and yet can be challenging for certain types of businesses, such as those managing recurring and deferred revenue. 

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