Tagged: revenue recognition

Disclosure Alert:  Consider Transitional Disclosure on Revenue Recognition Standard

Disclosure Alert: Consider Transitional Disclosure on Revenue Recognition Standard

The staff of the Securities and Exchange Commission (SEC) continues to encourage companies to provide useful disclosure to investors with regard to the new revenue recognition standard that will apply for reporting periods beginning after December 15, 2017. The new standard not only changes the method for measuring revenue and the timing of revenue recognition, but also requires expanded disclosures to enable users of financial...