On the Road to Revenue Recovery
- 24m
- Leena Roselli, Thomas Thompson, Jr.
- FERF
- 2014
As the landscape of revenue recognition guidance is changing with the release of Accounting Standard Update 2014-09, Revenue from Contracts with Customers and the U.S. Securities Exchange Commission (SEC) hinting that discretionary accounts could be a focus of their Accounting Quality Model (AQM), accounts receivable and losses from uncollectible receivables may significantly increase. This report takes a deeper look.