The new revenue recognition standard doesn’t only affect publicly traded corporations and large privately held companies. It could have an impact on small businesses, particularly if they hope to ...

Many accounting and finance professionals at enterprise organizations feel that poor revenue processes and reporting is affecting their mental health to the point where literally 19% say they have ...

Sylvia E. Alicea, Professional Accounting Fellow, Office of the Chief Accountant, gave her views on implementation of the new revenue recognition standard at a conference dedicated to the topic.

All companies track and report revenue. Organizations worldwide will need to start complying with new regulations for revenue accounting that have been approved by the FASB and the IASB. This will be ...

Most businesses prepare income statements periodically to analyze their profit, determine their best sources of income, and identify costs that could be decreased. On an income statement, the acronym ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Recognizing revenue is the process of mapping the money businesses make ...

In late March, SEC Chief Accountant, James Schnurr, delivered remarks before the 12th Annual Life Sciences Accounting and Reporting Congress. The remarks addressed the new revenue recognition standard ...

A company generates sales revenue as a result of operating activities. These operating activities involve the sale of goods or services to customers. Revenue exists as an account found on a company's ...

Client accounting services (CAS) is becoming an important revenue category for public accounting firms of all sizes, with larger firms seeing it gain a significant slice of their revenue pie during ...

Q3 2025 Management View Gary Bowman, Founder, CEO & Director, emphasized that "for the first time, we surpassed a $500 ...