SAN FRANCISCO--(BUSINESS WIRE)--Recurly, Inc., a leading subscription management and billing platform for high-growth brands, has announced an agreement to acquire LeapRev, a global revenue ...

Automating the process for regulations such as ASC 606, IFRS 15, Standalone Selling Price (SSP), and performance obligations under GAAP, enables companies to accurately manage revenue recognition ...

The cumulative amount of revenue entities recognize under a new converged standard should not be subject to a significant revenue reversal or downward adjustment under guidance tentatively approved ...

Another major issue in revenue accounting is when to recognize or record the revenue. A common practice is to record the revenue when we receive payment (cash) from the customer. This is referred to ...

FASB’s new revenue recognition standard and the coronavirus pandemic are presenting dual challenges for auditors of private company financial statements. The standard itself requires numerous new ...

Five years after the Financial Accounting Standards Board (FASB) first issued new revenue recognition rules, we finally get to see its impact on reported financials. The new standard was originally ...

Thomson Reuters has released a special report on the newly issued accounting standard on revenue recognition from the Financial Accounting Standards Board and the International Accounting Standards ...

Businesses across industries are moving to subscriptions, with IDC's FutureScape Report predicting that by the end of this year, 50 percent of the world's largest enterprises will see the majority of ...

Five years after the Financial Accounting Standards Board (FASB) first issued new revenue recognition rules, we finally get to see its impact on reported financials. The new standard was originally ...