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How cloud software can turn new accounting regulations from a burden to a blessing

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Two of the most significant new regulations the accounting world has seen in over a decade—IFRS 15 and ASC 606—are now fully in force. The deadline to comply with the new revenue recognition standard has come and gone, yet the reality is that many companies are still struggling to figure out how to correctly recognise revenue and avoid the arduous—and embarrassing—chore of having to refile earnings. 

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