Friday, August 4, 2017

Microsoft announces transition to the new accounting standards for revenue

Microsoft yesterday announced that they have moved to a new accounting standards for revenue and for leases from July 1, 2017. Microsoft is moving to this new standard to simplify the communication of their financial results. Microsoft has been reporting both non-GAAP and GAAP revenue till now. With this change, they will report only GAAP […]

Read More: Microsoft announces transition to the new accounting standards for revenue



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