In the context of bill-and-hold arrangements, ASC Topic 606 provides specific guidance that certain indicators must be met to show that control has been transferred, including: (i) a substantive reason for such an arrangement where the customer has declined to exercise its right to take physical possession of that product; (ii) the product must be identified separately as belonging to the customer; (iii) the product currently must be ready for physical transfer to the customer; and (iv) the entity cannot have the ability to use the product or direct it to another customer.
Until a registrant adopts ASC Topic 606, however, it should continue to follow the older guidance for revenue recognition.
The name "Comverse" is a fusion of the words "communication" and "versatility".
Founded in 1982, the company went public on the Nasdaq Stock Market in 1986.
In light of the updated ASC Topic 606 referenced above, the SEC states that vaccine manufacturers should now recognize revenue and provide disclosures when vaccines are placed into Federal Government stockpile programs because control of the enumerated vaccines (i.e., childhood disease, influenza and others) will have been transferred to the customer.
"After implementing the Reduxio Systems, we observed significant performance improvements with our Microsoft Exchange and Oracle databases.
Newpark Resources (see discussion of this case here) 24. Pain Care Holdings (see discussion of this case here).
We work with our partners to support those young people in developing skills for work and life, fulfil their potential and have a brighter future.
In addition, I haven't had to log in to manage or reconfigure anything since initial setup - it just works." Hao Sam, IT Manager at Array Networks.
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The running tallies below are meant to include a listing of any company that has been sued based on allegations of options timing manipulations, regardless whether the allegations are based on options backdating, options springloading, or hiring-related options timing.
Securities Fraud Class Actions (Total as of latest update = 39): 1. Amkor Technology (see discussion of this case here) 3.