Nov 21, 2023 | Business Solutions Group, homepage-featured-post, News & Events, Valuation
The Board of Trustees of the Financial Accounting Foundation (FAF) has appointed David Finkelstein to the Private Company Council (PCC), effective January 1, 2024. Mr. Finkelstein replaces former PCC member Jeremy Dillard, who was appointed as a PCC member in January...
Feb 15, 2019 | Public & Investor Backed, Revenue Recognition, Valuation
by Frances Franco and Ed Schenkein Effective for fiscal years starting December 15, 2018 private companies are required to adopt a new standard on revenue recognition, “Revenue from Contracts with Customers” ASC Topic 606 (“Topic 606”). “The core principle of the...