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Top 10 Revenue Recognition Considerations for Retailers

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

Have Supply Chain Questions? Big Data Has Your Answers

Verified Market Research (VMR) recently released their “Key Futuristic Trends and Competitive Landscape 2025” report, which forecasts strong

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

Amazon Money Laundering Scam

An apparent fraud scheme has been uncovered that involves scammers’ use of CreateSpace, Amazon’s self-publishing service, to sell fake books
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Lessons Every Company Can Learn From the Decline of Sears

On October 15, Sears Holdings, owner of the once-beloved Sears department stores, filed for bankruptcy protection. While the company’s decline has

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

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

Cyber Monday Growth Brings Evolving Risks for Retailers

The trees outside are turning vibrant shades of red, orange and yellow, which has retailers seeing green. As Black Friday and Cyber Monday quickly approach,
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Minimum Wages Are On the Rise

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

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

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