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Implementing the New Revenue Recognition Standard


 

Course Overview
 The new revenue recognition standard, Accounting Standards Update No. 2014-09, was issued on May 28, 2014. Many companies are still trying to decide when to implement the standard and how to deal with the system changes it requires. Shauna Watson is Global Managing Director, Finance & Accounting with the professional services firm, Resources Global Professionals. Here, she reviews the new five-step process that ASU No. 2014-09 calls for and provides insight into planning for the transition, with its implications for IT, sales and contracting processes, as well as accounting policies..   Try this course 


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