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.