The Securities and Exchange Commission doesn't want companies inflating their revenue, so it created four revenue recognition criteria ... or semiannual basis. For example, say Company A receives ...

Employee recognition programs ... in the department. For example, develop an award that rewards the employee in the accounting department that collects the most revenue on invoices.

These judgments often drive the decision on whether to record revenue at a point in time or over time. Confusion over these challenges may be compounded by the fact that not-for-profits are ...

Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations ... Greater Richmond area. Revenue recognition is a generally ...

The 221-page proposal contains 26 examples of how the revised requirements would work. If adopted, the proposed standard would replace the guidance on revenue recognition in Topic 605 of the FASB ...

One example would be software companies. The new rules will replace the current software recognition guidance under GAAP and may accelerate the timing of revenue recognition compared with today’s ...