In this session, we will review the revenue recognition standards that need to be implemented by private K-12 schools. Join BKD as we focus on common programs administered by K-12 schools, including education, summer camps and food service,…

With the adoption of Accounting Standards Update 2014-09, Revenue from Contracts with Customers, companies with loyalty rewards programs may see a change to current accounting practice.

With private companies and not-for-profit (NFP) organizations in the home stretch of implementing Accounting Standards Codification 606, FASB posted an Implementation Q&A on its website that incorporates all previously issued FASB staff and…

With private companies in the home stretch of implementing Accounting Standards Codification 606, FASB posted an Implementation Q&A on its website that incorporates all previously issued FASB staff and Transition Resource Group memos and other…

Revenue recognition is a common topic at industry events and in various accounting resources—and it’s not something to delay preparing for. For many in the construction industry, implementing ASC 606 seems like a daunting task with a lot of…

What’s new in accounting methods?

October 24 – 18th Annual CFO Seminar, Thursday, October 24, at The Kansas City Public Library: Plaza Branch, Kansas City, Missouri. Join us for a complimentary, CPE-eligible seminar, where our best and brightest will provide helpful insight on…

The AICPA has released guidance on ASU 2014-09, Revenue from Contracts with Customers, for continuing care retirement communities. Read on for more details.

The next couple of years will require preparers and users of financial statements to relearn what they thought they knew about revenue recognition and leases.

The overhaul of revenue recognition under Accounting Standards Codification (ASC) 606 has many companies taking a fresh look at legacy accounting treatment in other potentially overlapping areas.