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Nonprofit Blog

Coming Soon! Changes to the way borrowers report revenues

Posted by celliott on Oct 9, 2014 12:22:51 PM

In Sean Spitzer's recent article, "Prepare Now for Revenue Recognition Changes," he provides a clearer picture of the new standard (ASU No. 2014-09, Revenue from Contracts with Customers), describes the new standard's affect on certain industries and recommends next steps for planning. Below, we outline changes for your borrowers that you should be aware of.

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Topics: Commercial Lenders, FASB, Revenue, Revenue Recognition, Uncategorized

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