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Sep 15, 2016 10:30:00 AM

New Lease Standard Requires New Definitions & Judgment

The HORNE team has written quite a bit about the new revenue recognition and lease standards, but the new rules will impact the telecommunications industry more than other industries. In this blog, I’d like to provide information for telecom companies to assist them with managing their finances and operations, as well as developing the judgment necessary to identify what actually constitutes or contains a lease.

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Topics: Revenue Recognition Standard, Lease Standard, Telecommunications

May 19, 2016 11:00:00 AM

Revenue Recognition Standards Pose Telecom Challenge

I love my iPhone. I can’t do without it. So every two years, I search for the best contract, the best price, the best coverage, and I sign up for two more years. So do millions of others.

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Topics: FASB, Revenue Recognition Standard, Telecommunications