New Q&As on Software Revenue Recognition


The AICPA has released another set of technical questions and answers (Q&As) on Statement of Position (SOP) 97-2, Software Revenue Recognition. The Q&As are available on the Institute’s Web site ( www.aicpa.org/members/div/acctstd/general/othitem.htm ). A print version will be included in the next edition of the AICPA’s Technical Practice Aids, which will be available this summer.

SPONSORED REPORT

Solving the lease accounting challenge

The challenges of the new lease accounting standard have been pervasive to say the least. In this free, independently-written report, you'll learn effective adoption strategies as well as resources for easing the transition to the new standard.

FEATURE

Tackling TCJA changes this tax season

Return preparers must be ready for how the Tax Cuts and Jobs Act has modified many common features of individual and business returns.