Lessons Learned From SEC Comment Letters On the New Revenue Standard
May 06, 2018
On May 6, 2018, the Financial Executives International (FEI) published an article that analyzes eight SEC comment letters that have been issued related to the new revenue standard.
The FASB’s Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers, provides a comprehensive revenue recognition model intended to reduce the complexity inherent in today’s guidance by increasing financial statement comparability across companies and industries.
Review the article on FEI's website.