Patrick Quinn
Applying new accounting rules in various business situations
Editor’s note: Part I two weeks ago gave an overview of the new accounting rules and their potential impact on income taxes. Part II...
New financial reporting rules alter timing of revenue recognition
For accounting purposes, the seller or provider of services in a contract recognizes revenue when the buyer takes control of the good or service....
Begin planning now for new rules on how you report revenue
New rules for revenue reporting will take effect for all public companies and some nonprofits and employee-benefits plans beginning Dec. 15, 2017, and for...
M&A accounting changes
With deals totaling somewhere north of $4.5 trillion, 2015 set a record for M&A activity, according to The Wall Street Journal. Although it is...