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Tag: performance obligation

The Nuts and Bolts of the New Revenue Recognition Standards: An Overview for Contractors

Posted on by Andrew Litchford

New revenue recognition standards for contractors seem pretty simple until you start thinking about some of the complexities inherent in construction contracts. Let’s take a look at a couple of key concepts.

Revenue Recognition at a Glance – Is Your Company Ready?

Posted on by Andrew Litchford

Private companies that haven’t yet assessed the impact that the new revenue recognition standard will have on their accounting and financial reporting practices shouldn’t delay their analysis any longer.