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THE NEW RECOGNITION RULES
Strategic Finance (2018)
  • Bridget M Lyons
  • Barbara Magi Tarasovich, Sacred Heart University
Abstract
The 2018 annual reporting period will mark the first full year of implementation of the new revenue recognition rules, Revenues from Contracts with Customers, for public companies. The new rules will soon be in effect for private companies and remaining entities as well. Since revenue is perhaps the most important number in a company’s financial statements, it’s critical that financial analysts, managers, and other statement users understand the impact of the new guidance.
Keywords
  • revenue,
  • accounting standards
Publication Date
December 1, 2018
Publisher Statement
2018 Sacred Heart University News Story
Citation Information
Bridget Lyons and Barbara Tarasovich. The New Recognition Rules (2018, December 1). Fairfield, CT: Sacred Heart University News Story. Retrieved from https://sfmagazine.com/post-entry/december-2018-the-new-recognition-rules/