As ASC 606 Deadline Looms, Profitability of Companies Comes Into Question

January 18, 2018 Robert Reid


The ASC 606 switch isn’t simple, and now that the deadline to adopt the new standard for most public companies has arrived, the reality is that many are woefully unprepared for the significant changes it brings. I fear that some public companies will be forced to restate their revenues, and their stocks will fall sharply in that aftermath. Read more >

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