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Revenue Reporting Requirements

Foster Garvey PC

Owner Beware: Changes Coming for Recognizing Revenue under Online Travel Agency (OTA) Contracts

Foster Garvey PC on

Revenue is an important indicator of a hotel property’s financial health. It is used to analyze and interpret financial results using key industry operating metrics ( i.e., average daily rate [ADR] and revenue per available...more

Perkins Coie

Doing Business in the U.K.? Modern Slavery Act £36M Threshold Issued

Perkins Coie on

Companies doing business in the United Kingdom take note: the U.K. government just made the not-so-long-awaited announcement that businesses with an annual turnover of 36 million British pounds (£36M) will be subject to the...more

Mintz - Health Care Viewpoints

GPO Fees Under Scrutiny by the GAO

Last week, the Government Accountability Office (GAO) released a report examining group purchasing organization (GPO) practices. The GAO questioned whether the current structure of GPO funding through administrative fees is...more

Morgan Lewis

New Revenue Recognition Standard Will Likely Affect Most Companies and Require Pre-Adoption Planning

Morgan Lewis on

U.S. companies will need to comply with a new converged revenue recognition standard that the FASB and the International Accounting Standards Board (IASB) issued on May 28. The converged standard—which applies to fiscal years...more

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