When the amount of income is recorded on the company's financial statements.
Related information about revenue recognition:
- Revenue recognition - Wikipedia, the free encyclopedia
The revenue recognition principle is a cornerstone of accrual accounting together with matching principle. They both determine the accounting period, in which ...
- Revenue Recognition-Joint Project of the FASB and IASB
Oct 23, 2012 ... Download the FASB staff's summary comparison document (updated on March 15, 2012), Revenue recognition—Potential changes to U.S. ...
- Revenue Recognition Definition | Investopedia
An accounting principle under generally accepted accounting principles (GAAP) that determines the specific conditions under which income becomes realized ...
- Accounting for revenue recognition: PwC
Accounting for revenue recognition is one of the most important and complex challenges companies face. Additional major changes are on the horizon.
- RevenueRecognition.com
Our editorial focus includes revenue recognition, accounting, compliance, and industry specific revenue challenges. Please review our latest articles, white ...
- IFRS - Revenue Recognition
Oct 24, 2012 ... About the project. Revenue is a crucial number to users of the financial statements in assessing a company's performance and prospects.
- Revenue Recognition
A. Revenue Recognition Under Generally Accepted Accounting Principles. Under generally accepted accounting principles revenue should not be recognized ...
- Revenue Recognition - Investing for Beginners - About.com
Revenue recognition can drastically affect the financial statements. This article explains the difference between revenue recognition methods and the practical ...