New Revenue Recognition Guidance Overview

By Wendy Moran, CPA

There is new Revenue Recognition Guidance that is effective for all non-public companies for years beginning after December 15, 2018. The new guidance requires significant changes in financial reporting and accounting including a five-step analysis of revenue and additional reporting disclosures.

Check out this video by Wendy Moran, CPA, Assurance Partner for the five steps and a brief overview of each.

Wendy Moran, CPA | Assurance Partner
WMoran@MHCScpa.com