While everyone is focusing on tax reform, a topic that should not be overlooked is the financial statement impact of the new revenue recognition standard ASC 606 Revenue from Contracts with Customers.

You can look at ASC 606 in one of two ways — as a compliance burden, or as an opportunity for finance leaders to emerge and change the game. A survey by Big Four firm EY found that 94 percent of CFOs ...

SUNNYVALE, Calif.--(BUSINESS WIRE)--Rambus Inc. (NASDAQ:RMBS) today reported financial results for the second quarter ended June 30, 2018 under GAAP Accounting Standards Codification Topic 606 (“ASC ...

ASC 606 rules on revenue recognition provide an opportunity to transform your business for the better, writes FinancialForce CFO Gordy Brooks You no doubt have heard by now about ASC 606. Also known ...

After going into effect for public companies this fiscal year, Accounting Standards Codification 606 will apply to private companies come January. The Financial Accounting Standards Board amendment, ...

ARLINGTON, Va., June 19, 2018 /PRNewswire/ -- Bloomberg Tax today announced a new SaaS technology solution supporting the ASC 606 revenue recognition standard. Leveraging software on its Advantage TM ...

Last month a very strange thing happened — Oracle announced its quarterly earnings, then re-announced them a day later, with a half a billion dollars missing from the top line. Wall Street had a ...

SAN FRANCISCO, Aug. 10, 2023 /PRNewswire/ -- OneBill Software, a leading billing and revenue management solution, announced their new revenue recognition module to meet global standards such as ASC ...

In a recent webinar poll 1, approximately 5,400 participants spanning multiple industries and at varying job levels responded to questions on implementation readiness, anticipated challenges, and how ...

IRVINE, Calif.--(BUSINESS WIRE)--Alteryx, Inc. (NYSE: AYX), revolutionizing business through data science and analytics, today announced financial results for its fourth quarter and full year ended ...

SAN MATEO, Calif., May 10, 2017 (GLOBE NEWSWIRE) -- Zuora, Inc., the leading provider of subscription commerce, billing and finance solutions, today announced that it has signed a definitive agreement ...