The new revenue recognition standard and the explosion in online sales are prompting some retailers to change the time at which e-commerce revenue is recognized from customer delivery to shipping ...
The Securities and Exchange Commission has been taking a close look at how Amazon.com has been adhering to the new revenue recognition standard, particularly with regard to its Amazon Prime revenue, ...
Most biopharma manufacturing and shipping is outsourced to CMOs and 3PLs, leaving a biotech firm with limited visibility into ...
Two accounting boards are working toward a common set of procedures for recognizing revenue. The international financial reporting standards, or IFRS, are the International Accounting Standards ...
While the primary goal of every business owner is to increase revenues, the goal of the company's accountant is to ensure that the revenues are recognized, or recorded on the company's books in the ...