TSXV:RHT.H - Post by User
Post by
mwddudeon May 31, 2018 12:22am
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Post# 28103420
ASC 606 and IFRS 15 / changes in revenue recognition
ASC 606 and IFRS 15 / changes in revenue recognition
Many publicly traded companies in Canada were totally unprepared for these newer revenue recognition changes. Lisa Crossley and team have dealt with it well. One month of revenue left out, oh well. Share price should not suffer as a result. Many companies have fared worse. Take a look at First Global Data (FGD). IIROC handed them a cease trade order until they get their books fixed...