I always get caught out on new
New Accounting Regulations for 2011
Answers
Lots of changes in revenue recognition. The largest areas to watch for are if you have multi-element arrangements (like products + professional services + maintenance, etc.) which has been hugely revamped in 08-1. And traditional software revenue recognition (SOP 97-2) has been scaled back from certain situations (software + hardware). These are two very large changes which you should already be on top of b/c they are applicable now!
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