Time to implement IFRS 15 and FASB ASC 606 Revenue Recognition Standards The time has come. Four years after the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) issued their converged guidance on recognizing revenue in contracts with customers, companies need to put pen to paper and implement the new revenue […] Read more “The New Revenue Recognition Standard, Part I: Why, What, and When”