Skip to Main Content

One Size Gives Fits to All

Friday, October 1, 2010

What do TV sitcoms, cell phones, and construction sites have in common? At the moment, nothing. But a proposed rule change could create a thorny accounting challenge for companies as diverse as Time Warner, Apple, and Baker Concrete Construction.

The pending change to revenue-recognition rules would essentially create a one-size-fits-all approach, eliminating most, if not all, industry-specific applications and exceptions... Read More

Marie Leone – CFO.com