The Financial Accounting Standards Board issued a proposed accounting standards update Thursday on the recognition and measurement of deferred revenue in business combinations. Processing Content The ...

The exchange of goods or services for money isn't always simultaneous in the business world. When a service is provided without immediate compensation or money is received before goods are shipped, ...

Heidy Kingwan Chow, CFO, emphasized ongoing progress in both the stablecoin project and gaming portfolio, noting: "We continue to make meaningful progress towards our goal of becoming one of the first ...

Receiving deferred revenues can be an financial headache. Because deferred revenue gives you cash for a future liability, you must be careful in properly accounting for the transfer. If you do not ...

Companies should begin to plan now how to incorporate the new standards and update procedures for the Financial Accounting Standards Board’s accounting updates on two significant topics: revenue ...

While everyone is focusing on tax reform, a topic that should not be overlooked is the financial statement impact of the new revenue recognition standard ASC 606 Revenue from Contracts with Customers.

A subscription-based model builds success. The best way to explain deferred revenue is using the example of a magazine subscription. Let's say that you sign up for a one-year subscription to a ...

The handling of prepaid expense deferrals and expense accruals will be consistent with the last nine fiscal years. General Accounting processes all prepaid expense deferrals and accruals for all of ...

This story was written by David Kaplan. Video gamer Electronic Arts (NSDQ: ERTS) narrowed its Q2 net loss to $95 million from last year's net loss of $132 million, with diluted loss per share was ...