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Monthly Archives: Mai 2022

Construction Contractors Asc 606 Disclosure Examples

Construction contractors that follow ASC 606 guidelines must disclose their revenue recognition policies in their financial statements. The new guidelines have an impact on the construction industry, as revenue must be recognized based on the transfer of control of goods or services to customers. Disclosures are required in a company’s financial statements to explain […]

Eu Law on Agreements

The European Union (EU) has established a comprehensive legal framework to regulate agreements between companies operating within the EU and their counterparts outside of the EU. These regulations are designed to ensure that businesses are compliant with the EU`s competition laws and that fair competition is promoted across all markets. One of the primary […]