SEC Guidance for New Revenue Rules

Thoughtware Article Published: Aug 05, 2016
Industrial pipes

Executive Summary

The U.S. Securities and Exchange Commission’s (SEC) Division of Corporate Finance recently updated its Financial Reporting Manual to reflect frequently asked questions related to implementation and guidance relating to the new revenue recognition guidance set forth in Accounting Standards Update (ASU) 2014-09, Revenue from Contracts with Customers (Topic 606). View the PDF for additional information.

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