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Center for Controllership™
Providing perspectives on the latest developments facing controllers, chief accounting officers, finance leaders, and others in the controllership function.
The Center for Controllership Blog
Demystifying blockchain for finance and controllership
Emerging technology disrupters and their applications in finance have been recent focal points in the controllership function. Interest in new technology, such as cloud ERP and advanced analytics, have enabled the transformation of controllership. Blockchain is a lesser-known disrupter, but it is gaining traction with finance professionals as organizational leaders realize its potential as a groundbreaking technology for the finance ecosystem.
Continue reading: Demystifying blockchain for finance and controllership
Register now: Mastering finance data—The foundation for finance of the future
Organizations often encounter challenges when transforming their finance data model, which is the foundation of any financial application. How can technologies such as in-memory and cloud computing increase the potential for finance data to drive more value across the enterprise? Participants will explore the finance data model transformation process and discover ways to approach a new data model triggered by new system implementations and business growth.
Read more and register for the Dbriefs webcast
Register now: Ingraining financial discipline for optimized performance
Whether a company is going through aggressive growth or tightly managing margins, how can the finance function create the culture and operating discipline to optimize financial performance over the long term? Participants will identify key elements of implementing greater financial discipline, from organizational structure to performance reporting, and explore ways to improve their own organization’s approach.
Read more and register for the Dbriefs webcast
Transforming the finance function: A three-dimensional approach
Technology disruptions to the finance function are reshaping the workforce of the future. What should controllership talent models look like going forward? A human-centered transformation of work, workplace, and workforce dimensions will transform the finance function and shape the future of finance.
Our recent Dbriefs series, Controllership talent model: Embracing the workforce of the future, examined how these three integrated dimensions of workforce transformation impact the controllership function.
Continue reading: Transforming the finance function: A three-dimensional approach
Integrating cloud ERP solutions for finance organizations
Enterprise resource planning (ERP) cloud computing is disrupting the digital finance landscape, transforming companies’ IT architecture and infrastructure by using scalable, elastic technology to deliver services via the internet rather than traditional on-premise architectures. Fueled in part by its flexibility to meet a wide range of diverse needs, cloud ERP systems are seeing immense growth within finance organizations and beyond.
Aside from providing a made-to-order flexible solution, cloud ERP allows finance organizations to leverage powerful ERP technologies without substantial startup costs. At the same time, they can enable organizations to see benefits like streamlined data integration, a flexible user interface, and improved accuracy and efficiency of financial reporting. Even with a clear idea of the potential benefits, controllers may find themselves with more questions than answers as they discuss and plan for cloud ERP implementation.
Continue reading: Integrating cloud ERP solutions for finance organizations
Intercompany accounting framework and leading practices
Explore the interactive framework to see how your current capabilities stack up and learn ways to improve business performance by bringing harmony to the intercompany transaction lifecycle.
- A manufacturing company faces a federal grand jury investigation involving intercompany cash transfers related to its tax planning.
- An insurance company is forced to restate its financial results stemming from its failure to eliminate certain intercompany transactions related to variable-interest entities.
- An offshore drilling company is levied fines and penalties due to untimely and incomplete filings of financial statements in a foreign jurisdiction.
The costs of a fragmented, manual, and non-standardized intercompany transaction processing and accounting can be significant. It is a process that has typically evolved over time “by default” as opposed to “by design;” but an evolving financial environment and digital transformation have been a catalyst for organizations to rethink, restructure, and redesign the intercompany accounting process. Tax reform, growing regulatory scrutiny in the US and local jurisdictions, and an increased focus on operational efficiency offer a challenge and opportunity for companies to optimize the intercompany accounting process to reduce risk of regulatory and statutory non-compliance, provide for effective tax planning, and achieve a more standardized, sustainable, and cost-effective operating model enabled by technology.
Continue reading: Intercompany accounting framework and leading practices
Dbriefs webcast: The evolution of accounting—Building a sustainable framework for the future
With the release of many new accounting standards in recent years, many organizations are finding the need to build a sustainable framework to implement these new requirements. But how do finance professionals create a process that can evolve with the dynamic regulatory environment? We’ll discuss the importance of understanding a broad spectrum of implementation requirements and the business and technology implications of accounting changes and how to leverage existing resources and implement a framework that supports an efficient and effective process.
Access an on-demand version of the Dbriefs webcast
Dbriefs webcast: Intercompany accounting—Taming the wild beast
From globalization and regulatory scrutiny to widespread tax reform, many factors are affecting how companies need to address intercompany accounting today.
Our upcoming Dbriefs webcast, Intercompany accounting—Taming the wild beast, offers one CPE credit and will explore factors driving transformation and how the controllership function can leverage technology to develop a more standardized, cost-effective, and compliant intercompany accounting model.
Participants will also hear about new frameworks that can be used to transform the intercompany accounting model as well as leading practices that can help address challenges and optimize processes.
To listen to an on-demand recording of this webcast, go to: Intercompany accounting—Taming the wild beast
Lease accounting implementation journey
Many US publicly-traded companies that operate on calendar fiscal years are now expected to include leases on their balance sheets as of January 1, 2019. As public companies implement the new lease accounting standard and private companies continue to prepare for the January 2020 effective date, Deloitte pulled together a group of industry executives to take part in a special Dbriefs to answer questions and discuss their lease accounting compliance efforts.
Guest panelists, Anne Bernath of American Airlines Inc., Tiffany Moseley of Valero Energy Corporation, and Todd Sears of Walmart Inc., shared their thoughts on the new lease accounting standard, including lessons learned during implementation and some of the near- and long-term actions companies are taking to prepare for reporting and improve overall operational efficiency.
Take a look at our summary of highlights and insights from this special edition Dbriefs and listen to our Green Room podcast for a deeper dive discussion with additional insights from our guest panelists.
Continue reading Lease accounting implementation journey
Dbriefs webcast: Controllership analytics—From data to value
The importance of high-quality data and analytics for the controllership function often resonates but is rarely executed using a consistent framework and strategy. Our upcoming Dbriefs series, Controllership analytics: From data to value, offers one CPE credit and will explore how the controllership function can better align the promise of data and analytics with the value it can provide.
Participants will have an opportunity to learn about recent trends in data and analytics for controllership, hear strategies for analytics that can benefit controllership, and explore how other organizations are achieving the benefits of these technologies.
To listen to an on-demand recording of this webcast, go to: Controllership analytics: From data to value
Base erosion and anti-abuse tax reform challenges to intercompany accounting
Intercompany accounting, the recording, and reporting of internal financial activities is a complex system that involves not just accounting functions, but also treasury, tax, and controllership. Recent transformations to the business and financial landscape are introducing cross-function challenges into an already complicated environment—from globalization forming multi-national value chains to more regulatory scrutiny and widespread tax reform.
The tax reform act of 2017 is one of the many significant disrupters transforming the accounting process and challenging financial institutions. When we surveyed attendees during a Deloitte Dbriefs 2016 webcast, only 3.1 percent were specifically concerned with reducing fines, penalties, or unintended taxable events. In just a few years, wide-sweeping tax reform has changed the game. It may not have been top of mind then, but it’s a challenge likely on a lot of minds now.
Continue reading Base erosion and anti-abuse tax reform challenges to intercompany accounting to learn more.
Eight ways controllers can evolve into strategic business partners in 2019
In the rapidly changing corporate and financial environment, controllers are increasingly expected to contribute to shaping and executing business strategy while continuing to deliver on traditional mandates and core competencies of the function.
Corporate controllers now often play four diverse and challenging roles within the organization:
- Steward: Managing risk and preserving assets
- Operator: Running an efficient and effective finance operation
- Strategist: Influencing the future direction of the company
- Catalyst: Helping to drive execution
While the steward and operator are defined within a more traditional role, the strategist and catalyst roles provide a value-add opportunity for controllers within an organization. The transformation of controllership, driven by rapid change fueled by new technology and the workforce of the future, is a watershed moment and opportunity for controllers to elevate their roles, find a seat at the executive table as a strategic business partner, and become a catalyst to drive the vision of an organization.
To further explore this dynamic, the Center for Controllership™ hosted a Dbriefs webcast to hear perspectives about the changing role of the controller from Sue D’Emic, former CFO of Time Inc., and Scott Hurley, global controller of Converse Inc. In the webcast, participants discussed specific insights to help controllers navigate the challenges, leverage new opportunities, and identify the following priorities that can help evolve and elevate the careers of controllers.
Consumer Speaks podcast series: What is the future of finance?
The Consumer speaks podcast series focuses on hot topics facing the consumer industry, with Deloitte leaders sharing their insights and experiences. In this new episode, host Rich Paul, Deloitte & Touche LLP’s US Audit & Assurance Consumer industry leader, and joined by Deloitte & Touche LLP's Audit & Assurance partners and Digital Controllership leaders Scott Szalony and Nikki Etherington, discuss digital controllership and the future of finance.
Listen to the podcast and hear insights about the future of finance, including the changing role of executives, emerging technology, how to avoid the steep “price of inaction,” and what the nature of work may look like over the next five to 10 years.
Listen to episode three of the Consumer Speaks: An accounting and reporting podcast.
Financial in a digital world series: Business reporting in a digital world
Digital transformation continues to drive changes to the workforce, and a function of finance where this is becoming more apparent is financial reporting. Our Finance in a Digital World Crunch time series, Business reporting in a digital world, explores common benefits to reporting quality and efficiency that can be delivered by emerging sets of digital technologies.
The new series explores three characteristics transforming what reporting is expected to look like in the future—it will likely be intelligent, interactive, and in real-time—and how the talent pool in Finance will expand to enhance Finance’s ability to support this new reporting data and strategy of the company.
Read the full story and download the seventh report: Reporting in a digital world.
The Hive CFO forum workshop series moderated by Deloitte executives
As part of their quarterly CFO Forum Workshop series, The Hive Think Tank held a workshop, co-sponsored by Live Objects, and moderated by Deloitte executives on May 22 and May 23, 2019, focusing on Record to Report (R2R) Optimization with Artificial Intelligence (AI).
The workshops were moderated by Caroline Abadjian—Principal, Deloitte & Touche LLP, and by David Cutbill—Principal, Deloitte & Touche LLP. Both workshops explored the emerging role of AI, automation, and process optimization in R2R, and specifically, applications in month-end close activities including transactional processing and consolidation through to management and financial reporting.
Read more about the CFO forum workshop see: The Hive CFO Forum Workshop Series: Record to Report Optimization with AI.
Talent feature: A Deloitte Touche Tohmatsu Limited and Forbes Insights survey exploring keys to successful technology implementations
What determines an organization’s successful technology implementations from those that are less effective?
Deloitte Touche Tohmatsu Limited’s technology adoption survey, Implementing smart: A Deloitte and Forbes Insights survey, conducted jointly with Forbes Insights, looks at the challenges of emerging technology adoption with input from more than 500 senior executives who had recently undergone a successful technology implementation.
The survey investigates characteristics of implementation "masters" and the practices they use as well as benefits and challenges of emerging technology implementations—including digital, mobile, SaaS, and cloud.
Explore the survey here: Discover the keys to
The opportunity of enterprise automation series: Moving into the fast lane
March 15, 2019
To help navigate the complexity of risks with disruptive technologies, The opportunity of enterprise automation series: Moving into the fast lane, explores how the organizational and operational readiness aspects of an enterprise automation roadmap can drive speed, scale, and success.
Articles in the series include topics such as “Going the distance: Measuring the ROI of automation,” “At the intersection of control, speed, and agility: How to optimize enterprise automation at scale with a center of excellence,” and “Building for performance: Leveraging design thinking in automation strategy.” These guides can help leaders with practical steps to accelerate automation beyond pilots, create true automation scale, and ultimately achieve transformational results.
Explore the series here: The opportunity of enterprise automation series: Moving into the fast lane.
Deloitte authors featured in CFO magazine’s Best Articles of 2018
February 22, 2019
CFO magazine, a popular publication for finance executives, recently highlighted their 11 Best Accounting Articles of 2018, which offered accolades to the accounting articles that stood out to CFO editors over the year. Deloitte not only appeared in but authored, two of the top accounting articles.
Ready for the New Lease Accounting Standard?, co-authored by Jeanne McGovern, Audit & Assurance Partner, Deloitte & Touche LLP, and Sean Torr, Advisory Managing Director, Deloitte & Touche LLP, discussed critical matters that US public and private companies needed to address before the new lease accounting standard went into effect.
The article, Justifying Judgment When Recognizing Revenue, written by Eric Knachel, Audit & Assurance Partner, Deloitte & Touche LLP, gave insights into addressing challenges when applying the Financial Accounting Standards Board new principles-based model for revenue recognition.
Both articles offer valuable insights to the finance executive community and emphasize our experience in the lease accounting and revenue recognition spaces. We’re proud to see our Deloitte team members featured as authors on CFO magazine editors’ short list, and we are looking forward to featuring more articles in the year ahead.
Controllership trends for 2019
February 8, 2019
During a recent Dbriefs webcast, “Controllership annual roundup: Preparing for the year ahead,” Patricia Buckley, director for Economic Policy and Analysis, Deloitte Services LP; Stephanie Buechele, senior manager, Deloitte & Touche LLP; Tim Kolber, managing director, Deloitte & Touche LLP; and David Stahler, partner, Deloitte & Touche LLP joined us to explore controllership trends and possibilities on the horizon for the finance industry as a whole. What was the consensus? The momentum of change coupled with better digital preparedness and a stronger economy may provide opportunities for growth and further accomplishments for controllership in 2019.
Continue reading “Controllership trends for 2019” to learn more.
New Lease Accounting Standard (ASC 842) for public companies
December 19, 2018
In Deloitte’s October Dbriefs webcast, Public company lease accounting: time for the final sprint, panelists discussed ongoing challenges companies face in preparing for ASC842 as well as considerations on ways to overcome implementation challenges before it goes into effect.
While more than 65 percent of the webcast’s participants stated that they are somewhat, very to extremely prepared for the new standard, many companies are down to the wire and cutting it close as they still have a lot of work to do before the first external fiscal reporting deadline at the end of the first quarter, in 2019. With the deadline looming, some specific steps and considerations can help companies and professionals make sure they have prepared for takeoff in this critical time crunch.
Continue reading "New Lease Accounting Standard (ASC 842) for public companies" to learn more.
Impact of corporate treasury transformation on controllership
December 7, 2018
Digital transformation, shifting talent demographics, and world events such as tax cuts and geopolitical volatility are disrupting the treasury function and will likely reshape the function as we know it today.
This battleground of disruption and transformation is evolving the expectations of treasury, even as core challenges remain constant. However, with these challenges come opportunities—for treasury, controllership, and the possibilities for a more strategic partnership between both functions.
Continue reading "Impact of corporate treasury transformation on controllership" to learn more.
ASU 2018-12: Long-Duration Insurance Contracts
September 27, 2018
The Financial Accounting Standards Board (FASB) recently issued Accounting Standards Update (ASU) 2018-12, which amends the accounting model under the US Generally Accepted Accounting Principles (GAAP) for certain long-duration insurance contracts and requires insurers to provide additional disclosures in annual and interim reporting periods.
Continue reading "ASU 2018-12: Long-Duration Insurance Contracts" to learn more.
Controllership and the workforce of the future
August 28, 2018
The future of work will look different, from how an organization is structured to the components that make up the technology and accounting profession and controllership workforce. The advent of digital finance is causing a disruption in the controllership function and finance industry, leading to changes in almost every dimension of business. New technology, automation, and generational shifts are impacting the work being done, the workforce used, and where the work gets done. Understanding the impact of technology on accounting and the digital transformation on talent can provide insights into a workforce strategy that can continue to add value in the future of work.
Continue reading “Controllership and the workforce of the future” to learn more.
CECL and Finance: Managing interdependencies will be crucial to effective implementation
August 9, 2018
Many times, accounting standard implementation is an effort specific to finance, but the new Current Expected Credit Loss (CECL) standard is quite the opposite. It has many interdependencies across controllership, governance, modeling, credit analysis, production, and financial reporting. These interdependencies, combined with the fact that CECL is a principles-based standard, sets the stage for one of the most challenging accounting changes organizations have faced in recent times. How organizations manage these interdependencies can have a large impact on the effectiveness and efficiency of their CECL implementation programs.
Managing CECL interdependencies
CECL implementation efforts can be grouped into four major buckets:
- Governance and oversight
- Models and data
- Technology and production
- Controls, accounting, and reporting
To dive deeper into how your organization can manage CECL interdependencies and develop a framework based on these four major buckets, see our article: Managing interdependencies in CECL implementations.
IFRS 17 “Insurance Contracts”: Harnessing compliance risks to drive strategic opportunities
July 30, 2018
The scale of IFRS 17 changes will require a multi-year effort by insurers to meet compliance timelines. Insurers should act now to carefully understand the impacts, assess strategic options, and make well-informed decisions to determine appropriate controls and next steps on the path forward. The required changes will disrupt traditional operating models, involve functional and business areas enterprise-wide, and require significant effort and associated cost. Leading insurers are seeking synergetic, opportunistic, and strategic benefits to drive value from the anticipated costs of compliance in order to enhance the target operating model. By understanding and anticipating disruptive forces driven by IFRS 17, leading insurers can take proactive steps to innovate their strategies, embrace complexity, and accelerate performance.
Continue reading IFRS 17 “Insurance Contracts”: Harnessing compliance risks to drive strategic opportunities to learn more.
Creating a digital risk framework and center of excellence
July 13, 2018
Building bots and managing risk is only a start to driving real value from an automation program; there
Continue reading Creating a digital risk framework and center of excellence to learn more.
New lease accounting standard and effective date
June 26, 2018
In our January Dbriefs webcast, Lease accounting: Implementation enters the final stretch, panelists discussed the new guidance and provisions to the new accounting rules, implementation challenges companies may face, and other operational considerations as the new lease accounting rule's effective date of January 1, 2019 approaches.
Featuring special guests Todd Sears, vice president and assistant corporate controller, Walmart; James Barker, partner, Deloitte & Touche LLP; and Sean Torr, managing director, Deloitte & Touche LLP, participants heard insights into how companies can manage the implementation process, how the new guidance can simplify implementation, and tips to address challenges that many are facing or will face in the year ahead.
Continue reading New lease accounting standard and effective date: Facing challenges and managing the process to learn more.
Stepping outside the box: Elevating the role of the controller
June 21, 2018
Controllers who venture outside the box of the traditional controllership roles are often well-positioned to unlock the strategic value that their companies demand. Finding the courage and time to step out of this box is a battle that many controllers struggle to prioritize over completing day-to-day tasks. To better understand this conflict, and to uncover what controllers can do to gain strategic clout at an executive level, the IMA® (Institute of Management Accountants) and Deloitte explored the factors impacting how controllers are currently spending their time as opposed to where they should or would like to spend it.
Read the full report to learn more: Stepping outside the box: Elevating the role of the controller.
Digital risk management and controllership: The three pillars
June 8, 2018
A blog post by Julie Velayo, principal, Deloitte & Touche LLP
The inception of digital transformation has prompted organizations to ask specific risk-related questions about emerging technologies. How does this software change my financial reporting processes? How does this impact my controls? How will I know if I've impacted my compliance obligations? How will I manage a digital workforce in my controller's organization?
When shifting to digital, many organizations move to implement new technologies swiftly without giving full consideration to the various risks involved or taking the time to ask the questions that arise with each new digital solution. Even as the introduction of new technology into organizational environments continues to bring new risks, controls to mitigate these risks should also continue to progress.
Continue reading Digital risk management and controllership: The three pillars to learn more.
IFRS 17: Data management and process improvement
May 24, 2018
A blog post by Wallace Nuttycombe, principal, Deloitte & Touche LLP and Bryan Benjamin, senior manager, Deloitte & Touche LLP
Implementing International Financial Reporting Standards (IFRS) 17 will bring significant changes to an entity’s process and systems and will require significant coordination between many functions of the business–notably between finance and actuarial. These changes can also create a fundamental shift in the way data is collected, stored, and analyzed, and can significantly impact business operations, financial systems, and forecast methodologies as they adjust to the new standard...Continue reading.
Accounting automation and the future of controllership
May 10, 2018
A blog post by Beth Kaplan, managing director, Deloitte & Touche LLP
Our December Dbriefs webcast focused on accounting automation technologies and featured insights into the spectrum of robotics and process automation capabilities that drive initiatives to push the controllership function into the future...Continue reading.
IFRS 17, Insurance Contracts
January 23, 2018
A blog post by Wallace Nuttycombe, principal, Deloitte & Touche LLP and Bryan Benjamin, senior manager, Deloitte & Touche LLP
It was 20 years in the making, but the new International Financial Reporting Standards (IFRS) insurance contracts accounting standard, IFRS 17, was published in 2017. This is a massive change for the insurance industry and one that we believe requires insurers to plan well in advance for implementation, and the clock is ticking...Continue reading.
Implementing the new revenue recognition standard
November 20, 2017
A blog post by Bryan Anderson, partner, Deloitte & Touche LLP, Deloitte Risk and Financial Advisory*
Get the roadmap to implement the new revenue recognition standard and learn the speed bumps you may encounter along the way...Continue reading.
Attracting talent in the digital age of controllership
November 3, 2017
A blog post by Beth Kaplan, managing director, Deloitte & Touche LLP*
The role of controllership is changing as it shifts into the modern era. Preparing for change by attracting the right professionals is essential to a smooth transition as companies adapt to a digital landscape and chart their controllership functions on a new course to success…Continue reading.
Preparing for the new credit loss standard: Model behavior is not enough
August 23, 2017
A blog post by Jonathan Prejean, managing director, Deloitte & Touche LLP
Models will be crucial to how banks implement the new current expected credit loss (CECL) standard, but models are not enough...Continue reading.
Beware of the never-ending contract
August 2, 2017
A blog post by Bryan Anderson, partner, Deloitte & Touche LLP
A number of complicating factors can come into play when automatically combining contracts and performing associated reallocations, resulting in the never-ending contract...Continue reading.
Corporate tax reform and ASC 606: Implications of the new revenue recognition standard
July 19, 2017
A blog post by Wendy Friese, senior manager, Deloitte Tax LLP
Understand the tax opportunities companies should consider when analyzing their revenue recognition method... Continue reading.
Implementation of the new revenue recognition standard: The auditor’s role
July 5, 2017
A blog post by Amy Steele, Audit & Assurance partner, Deloitte & Touche LLP, National Office Audit & Assurance Services
The auditor’s role is important for effective implementation of new accounting standards, including the new revenue recognition standard...Continue reading.
New revenue recognition standard implementation strategy
June 21, 2017
A blog post by Amy Steele, Audit & Assurance partner, Deloitte & Touche LLP, National Office Audit & Assurance Services
Learn ways to help make audit a part of an effective implementation of the new revenue recognition standard...Continue reading.
Demand for transparent IT shared services costs: Opening the allocation black box
June 7, 2017
A blog post by Colleen Whitmore, principal, Deloitte & Touche LLP
The “black box” of allocated shared services costs can cause many issues within organizations. As a result, business units may consider looking for alternatives to using internal IT services, which can end up costing the company more in total. Continue reading.
Cleaning up the mess under the bed: Why intercompany accounting is increasing corporate risk
May 12, 2017
A blog post by Kyle Cheney, partner, Deloitte & Touche LLP
When I was a teenager, I wasn’t exactly the neatest person on the planet. My father had a military background and this often surfaced in his parenting style, especially when he asked me to clean my room. I had an active sports and social life that left me with limited time for such a mundane task, so my strategy was to shove all my stuff under the bed before the weekly inspection and hope no one noticed. It worked for a while—until it didn’t…Continue reading.
Are you ready to administer the new lease accounting standards? (Video)
May 4, 2017
The FASB and IASB’s joint lease accounting standards, which were announced in 2016, have fundamentally changed the rules that govern accounting for substantially all leases. It’s expected that the standard will have far-reaching implications in accounting, finance and reporting, real estate, tax, technology, and other areas.
Is your organization overwhelmed by these changes? Are you struggling with where to begin? If so, you’re not alone.
View our video to learn how Deloitte can help your organization implement a lease accounting process that’s streamlined and efficient—and that can lead to significant transparency and insights.
World-class controllership: Charting your course to success
April 18, 2017
To become world-class—and to meet the CFO’s evolving expectations—controllership must become more proficient, effective, and insightful. Where to begin?
Step 1: Evaluate your ability to deliver core responsibilities.
Step 2: Understand how to expand controllership’s scope to provide greater value to the CFO and the business.
To help support the CFO’s transition from the head of finance to a business leader, the controllership will need to shift from more traditional roles (stewards and operators) to catalysts and strategists. Read our report to learn more about the Four Faces of Controllership and Deloitte Risk and Financial Advisory’s proprietary Controllership Navigator framework.
Implementing the new revenue standard (ASC 606 or IFRS 15)
April 4, 2017
A blog post by Mark Horn, principal, Deloitte Consulting LLP, and David Pierce, managing director, Deloitte Consulting LLP
In our conversations with clients about complying with the new revenue reporting standard, we’ve seen that many organizations tend to fall into three broad buckets… Continue reading.
Adopting the new revenue standard (a.k.a. the death of comparability)
March 24, 2017
A blog post by Bryan Anderson, partner, Deloitte Risk and Financial Advisory, Deloitte & Touche LLP
As they work through the adoption of the new revenue standard, more and more companies are seriously considering—or begrudgingly moving toward—a “modified retrospective” adoption decision... Continue reading.
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