Similar Stories to ​unprecedented Period Of Accounting Change — Is Your Organization Prepared? on Bing News

Whether they know it or not, financial statement preparers are entering a period of accounting change like no other in recent times. An SEC filer with a calendar year-end will have to account for revenue using a fundamentally different model on January 1, 2018, recognize right-of-use assets and lease liabilities for most leased assets on January 1, 2019, and apply a profoundly different model to measure credit impairment on certain financial assets measured at amortized cost on January 1, 2020.

Topics:  sec   a    january   period of accounting change   assets   model   financial   
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