The new FASB revenue recognition standard: Charting an effective implementation
Published on:
May 04, 2017
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The FASB's Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers, takes effect in 2018 for companies with annual reporting periods beginning after December 15, 2017. How prepared is your company for implementing the standard?
We'll discuss:
- Lessons learned from early movers who have already developed plans.
- The top three challenges companies could face in adopting the new standard.
- For companies just starting the planning process, important factors to consider and suggested steps for timely and effective preparations.
Gain new insights on how, with less than a year until the new revenue recognition standard becomes effective, you can put appropriate plans in place for implementation.
