AccountingLink

    Private companies

    6 August 2018

    Private Company Reporting Update - How the new revenue standard will affect private companies
    While private companies don’t have to apply the new revenue standard until next year, management needs to take steps now to understand the new accounting and disclosure requirements. Our publication discusses what private companies need to do to implement the new standard. Based on our experience, developing and executing an implementation plan will likely require more effort than private companies expect.