SOFTRAX
White Paper
SOX 404 Compliance Countdown for Technology Companies

SOX 404 Compliance Countdown for Technology Companies

This white paper examines revenue recognition compliance for technology companies. By virtue of their complex business models and revenue accounting, technology firms are challenged to get their revenue recognition practices in line with demanding regulations for internal controls. An underlying cause is the common use of multi-element contracts that require different revenue recognition treatments for various contractual elements, such as: services, licensing, maintenance, recurring revenue, and one-time revenue. Read the details in this whitepaper.

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