June 18, 2018
Construction Business Owner published an article by Partner Robert Mercado and Manager James Wiedemann on the new revenue recognition standard for construction contractors.
Construction Business Owner
By Robert Mercado, Partner, Assurance Services & James Wiedemann, Manager, Assurance Services
Excerpt:
Calendar year, non-public entities begin to report under the new standard December 2019, giving contractors ample time to understand the new standard and its impact on revenue recognition and progress tracking for their long-term construction contracts.