ASC 606

Microsoft Discloses ‘Critical Audit Matters’
Risk & Compliance

Microsoft Discloses ‘Critical Audit Matters’

The software giant's auditor, Deloitte, found CAMs related to revenue recognition judgments and uncertain income tax provisions.
By David McCann | August 22, 2019
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Companies Urged to Stay Abreast of Accounting Proposals
Revenue Recognition

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.
By David McCann | May 13, 2019
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ASC 606: Trips, Traps, and Troubleshooting
Growth Companies

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.
By Alex Bogopolsky | January 24, 2019
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Ready or Not, Here It (Rev Rec Standard) Comes
Risk & Compliance

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.
By David McCann | March 22, 2018
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ASC 606: What’s the Impact So Far?
Revenue Recognition

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.
By Derryck Coleman and Olga Usvyatsky | March 5, 2018
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Investors on Rev Rec Changes: Who Cares?
Risk & Compliance

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.
By David McCann | December 13, 2017
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Revenue Recognition: Here at Last
Growth Companies

Revenue Recognition: Here at Last

How much do you know about FASB's new rules on revenue recognition? Take our quiz to find out.
By CFO Staff | December 5, 2017
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How Revenue Recognition Impacts Pricing Strategy
Revenue Recognition

How Revenue Recognition Impacts Pricing Strategy

The new revenue recognition rules demand tight teamwork between pricing and revenue teams.
By Monika Saha | November 27, 2017
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Incentive Comp: Lessons Learned from Wells Fargo
Human Capital & Careers

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.
By Steve Giusti | October 17, 2017
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What Are Auditors Looking For This Year?
Auditing

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.
By Robert Rostan | October 16, 2017
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Why Workday Adopted New Revenue Recognition Rules Early
Revenue Recognition

Why Workday Adopted New Revenue Recognition Rules Early

CFO Robynne Sisco explains the reasons the company opted, unlike all but a few others, to be an early adopter of the new revenue recognition standard.
By David McCann | March 23, 2017
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