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Get ready to recognize … differently – New accounting rules for revenue recognition are coming

$225.00

SKU: CONnd171. Category: .

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Abstract: GAAP-compliant construction businesses will face an important change in about one year. That’s when Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers, begins to take effect for private companies. This article discusses the important modifications to revenue recognition that will occur under the new rules. A sidebar warns of additional disclosures to be required under the standard.

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