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Revenue recognition is a generally accepted accounting principle (GAAP) that identifies the specific conditions where revenue ...
The new accounting rules and the explosion in online sales are prompting merchants to change the time at which e-commerce revenue is recognized.
2. Learn new accounting standards now The new revenue recognition standard will have an effective date of January 1, 2017 for most companies in all industries.
An important consideration in how revenue accounting works that can make a big difference in growth rates Thanks to the rules of accrual-based accounting, just because a company shows an increase ...
The Financial Accounting Standards Board released an accounting standards update Thursday, with guidance on accounting for revenue contracts with customers acquired in a business combination.
Unearned revenue is the same thing as deferred revenue. In accounting, unearned revenue is a liability. It is a liability because even though a company has received payment from the customer, the ...
Revenue recognition: 4 top concerns noted by peer reviewers Practitioners can successfully navigate the new standard with special attention to these topics.
To calculate your company's total revenue for an accounting period, you must combine the income you received from all sources during the period. This may include sales revenue, interest income ...
“Zuora’s State of Revenue Accounting report shows the opportunities for teams to automate mundane tasks, reduce risk and unlock resources.
Accrual and cash basis methods recognize revenue and expenses at different times. Here are the advantages and disadvantages of each method.
Accrued revenue is revenue that has been earned by the company but not collected. Here's what investors need to know.
New accounting rules could see boost Apple's reported iPhone revenue. James Martin/CNET Though not yet a done deal, a tentative change in accounting rules could have a dramatic effect on the ...