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Revenue Recognition Rule Changes Under TCJA

The Tax Cuts and Jobs Act (TCJA) contains a provision that ties revenue recognition for book purposes to income reporting for tax purposes, for tax years starting in 2018.

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Companies may need to accelerate refinancing timeline due to proposed debt presentation standard

Companies may need to accelerate refinancing timeline due to proposed debt presentation standard.

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How the revenue recognition standard impacts healthcare entities?

Ten implementation issues are identified in this article and the status of them are listed with a further discussion of the finalized implementation issues detailed.