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A real estate company approached our firm to assist them to revise their revenue recognition policies
on Saturday, December 3, 2005
by Ken Shemie
A real estate company approached our firm to assist them to revise their revenue recognition policies. Recently changed accounting standards require real estate companies to recognize rental revenue using the straight line method. This change is significant, and has many implications. If your company collects rental income, call me to discuss how these these accounting changes effect your company.
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