The Definition of Long-Term Contract Accounting. Construction workers tend to work based on contractors they make with the owners of property. Traditionally these contractors could choose from a ...

Accounting for Contract-Signing Bonuses. Contract-signing bonuses may be offered for a variety of reasons, such as to entice the candidate to accept an offer, to offset some of the related ...

Axiom, a provider of legal contract technology, has introduced the Contracts Intelligence Platform for Lease Accounting to help organizations uncover embedded leases that are subject to the new lease ...

Intacct announced the launch of Intacct Contract and Revenue Management, an automated solution to help companies navigate complexities around the upcoming ASC 606 and IFRS 15 revenue recognition ...

An onerous contract is an accounting term for a contract that will cost a company more to fulfill than the company will receive in return.

The Contracts Intelligence Platform for Lease Accounting is the latest addition to a growing portfolio of technology-enabled regulatory response offerings from Axiom, which includes BrexitBridge ...

The Financial Accounting Standards Board approved a new rule for companies leasing out assets in an effort to eliminate a sometimes sizable accounting loss at the start of certain contracts.