The new revenue rules issued by the Financial Accounting Standards Board (FASB) contain a number of considerable changes that impact the way companies account for revenue, including those in the construction industry.
Meaden & Moore has created an implementation tool customized for construction contractors facing new revenue rules beginning in 2019. By using our internally developed implementation tool, we will help you avoid surprising users of financial statements about the nature, amount, timing, and uncertainty of revenue from contracts with customers.
To learn more, read our blog, which covers:
If you are interested in details about the new revenue recognition rules and how Meaden & Moore’s implementation tool can help, schedule a meeting by completing the form.