Microsoft Discloses ‘Critical Audit Matters’
The software giant's auditor, Deloitte, found CAMs related to revenue recognition judgments and uncertain income tax provisions.
Companies Urged to Stay Abreast of Accounting Proposals
Not paying close attention to proposed accounting standards and not commenting when there are concerns can have important consequences, experts say.
ASC 606: Trips, Traps, and Troubleshooting
Clever private company CFOs can learn from the mistakes, pitfalls, and land mines that tripped up their public company peers last year.
Ready or Not, Here It (Rev Rec Standard) Comes
Many companies are underestimating the need to establish a stable, sustainable revenue recognition process under the new standard, says SAP's CAO.
ASC 606: What’s the Impact So Far?
From an investor perspective, it's difficult to tell how much of any change in revenue or earnings is due to the new revenue recognition rule.
Investors on Rev Rec Changes: Who Cares?
The changes to GAAP accounting for revenue recognition won't have a material effect on companies' finances, investors say.
Revenue Recognition: Here at Last
How much do you know about FASB's new rules on revenue recognition? Take our quiz to find out.
How Revenue Recognition Impacts Pricing Strategy
The new revenue recognition rules demand tight teamwork between pricing and revenue teams.
Incentive Comp: Lessons Learned from Wells Fargo
A year after the fake-accounts scandal broke, here's a look at how companies can avoid negative fallout from sales incentive compensation programs.
What Are Auditors Looking For This Year?
As the prime audit season approaches, big changes in business, the economy, technology, and regulations point to an assortment of red flags for auditors.