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Top 10 Revenue Recognition Considerations for Retailers

Retail

By Michael Maloney

For nonpublic companies, Accounting Standards Codification (ASC) 606 – Revenue Recognition, is effective for years beginning after December 15, 2018. ... read more >

Better Understanding PCI Penetration Testing Requirements

If your company takes credit cards, you may be wondering if you are required to have a penetration test. In the past, it had been voluntary, but with PCI ... read more >

Are You Ready for ASC 606 to go into Effect?

For fiscal periods beginning after December 15, 2017, ASC 606 will change the way companies recognize revenue. In general, ASC 606 will affect revenue ... read more >

Retail Sales Register Solid Third Quarter Results Going into the Holiday Season

Based on calculations released by the National Retail Federation (NRF) and data from the U.S. Census Bureau, retail sales in September increased three ... read more >

Minimum Wages Are On the Rise

Retail

By Jonathan Cardiello

Effective October 1, 2018, Delaware will enact a 50-cent increase in its minimum wage, bringing it to a new high of $8.75 per hour. Shortly thereafter ... read more >

U.S. retail sales in June increase 6.6% year-over-year, leading to the continued rise in interest rates by the Federal Reserve for 2018

Retail

By Shane Burkholder

Boosted by increased purchases primarily of automobiles, retail sales during June in the United States rose steadily, affirming expectations for strong ... read more >