Corporations are struggling to adjust internal accounting standards to comply with the new revenue recognition rules in advance of a January 1, 2018 deadline. Those companies that engage their auditors as consultants to prepare for the new standards should be aware of independence issues that could arise later.
Howard Scheck commented on these concerns in a recent article from MarketWatch.
Meet Howard
Howard Scheck
Howard Scheck is a StoneTurn Partner with three decades of experience advising clients concerning complex financial reporting matters. Howard is a former SEC Chief Enforcement Accountant with extensive experience applying […]