Under an accrual accounting system, the recognition of revenue is independent from when the cash is received. If cash or check is received at the time of providing the goods/services, then the revenue ...

Until last year, revenue recognition had been the most common GAAP violation alleged since Cornerstone first began tracking ...

SoundHound's $70.6M R&D spend can't compete with tech giants investing billions annually in AI development. Learn more about ...

The April A&A Focus webcast featured a deep dive into step 4 of the five-step revenue recognition process outlined in FASB ASC Topic 606, as well as news on new auditing standards exposure drafts.

Kang, Jung Koo, and Paul M. Healy. "Revenue Recognition at Stride Funding: Making Sense of Revenues for a Fintech Startup." Harvard Business School Multimedia/Video Supplement 124-710, February 2024.

This adversely impacted revenue and accounts receivable. Furthermore, Vital Farms (NASDAQ:VITL) conceded that it cannot ...

Sales declined 29.8% year over year to $35.52 million, owing to the timing of project-based revenue recognition. Robotaxi services revenue dipped 61.9% Y/Y to $2.6 million in the fourth quarter ...

Auctane is using BillingPlatform's Billing, Collections, Revenue Recognition and Portal solutions to consolidate its legacy billing products onto a single revenue lifecycle management solution.

For the first time in many years revenue recognition did not top the list of violations of generally accepted accounting principles alleged in accounting-related securities class action filings in ...