Surety Bond Quarterly Professionals in Surety Bonding
BY MATTHEW D. CASH THE FINANCIAL ACCOUNTING Standards Board’s issuance of the new revenue recognition standard, Revenue from Contracts with Customers, will fundamentally change accounting and disclosures for construction contractors. The standard is effective for public companies in calendar year 2018 and for private companies in calendar year 2019. This accounting standards update eliminates most of the existing industry-specific guidance, ...
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