This content was published prior to the merger of equals between BKD and DHG on June 1, 2022. See all FORsights for the most up-to-date articles, webinars, and videos.
Revenue Changes for Rewards Programs
With the adoption of Accounting Standards Update 2014-09, Revenue from Contracts with Customers, companies with loyalty rewards programs may see a change to current accounting practice. Because previous guidance was not clear, companies had different methods for recognizing revenue on loyalty programs. Read on for details on the new rules.
