Our latest survey of SaaS companies reveals two compelling shifts in revenue recognition.
As SaaS business models and GAAP revenue rules have evolved, companies have adapted their revenue recognition practice, especially in light of the new FASB/IASB revenue recognition standards (effective for public companies in 2017 and private companies in 2018).
Our new SaaS survey analyzes these changing practices and offers insights that can help you evaluate your company’s revenue recognition policies and disclosures.
The results revealed two compelling trends around non-subscription revenues.
Non-subscription revenue recognition remains a moving target for many SaaS companies, which means finance teams must continue to revisit the accuracy, transparency and completeness of their own rev rec policies and disclosures. How do your revenue best practices compare to your peers?