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Compliance: The adoption of ASC 606 and IRFS 15 accountingstandards for revenue recognition introduced new requirements for SaaS companies, particularly around the allocation of revenues and the recognition of variable consideration.
Like, like the, you know, like the accountingstandards. What’s keeping you entertained? And so like, you know, I got there and I learned derivatives math, right? But a component of it was also like thinking through all these like legal and regulatory and quasi legal regimes.
Is Apple a personal computer company, an entertainment company or wireless telecom company? The first is differences in accountingstandards, and there is little that I can do about that other than point out that these differences have narrowed over time.
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