Book description
Revenue is the “top” line on the income statement and is the fundamental driver of business success. To understand all the complexities involved in recognizing revenue under Generally Accepted Accounting Principles (GAAP) you should primarily be concerned with two things: (a) the timing aspect (the when issue) and (b) the amount to be recorded (the how much issue). This book will provide just that—extensive guidance in assisting you with the appropriate answers and much more. This book is designed for you and all the organizational responsibility you carry for your company in order to deliver real profits. It’s a comprehensive yet readable examination of the existing rules of revenue recognition for corporate entities, and after reading the book, you’ll have a thorough understanding of how accountants measure and record revenue. This “skill-set” will prove invaluable in understanding the impact that your business decisions will have on the financial statements with an emphasis on the income statement and the statement of cash flows. (It will also have an executive-level overview of the proposed “IASB and FASB Standard: Revenue from Contracts with Customers.”)
Table of contents
- Cover
- Half Title
- Title Page
- Copyright Page
- Abstract
- Contents
- Examples Index
- Chapter 1 The Big Picture: Fundamental Concepts
- Chapter 2 Multiple-Element Arrangements
- Chapter 3 Product Revenue
- Chapter 4 Service Revenue
- Chapter 5 Revenue from Contracts with Customers
- Notes
- References
- Index
- Ad Page
- Back Cover
Product information
- Title: Revenue Recognition
- Author(s):
- Release date: March 2013
- Publisher(s): Business Expert Press
- ISBN: 9781606495957
You might also like
book
International Money and Finance, 9th Edition
International Money and Finance, Ninth Edition presents an institutional and historical overview of international finance and …
book
Wiley GAAP 2018, 16th Edition
Get the most comprehensive coverage of the FASB Codification and the latest FASB updates in a …
book
Wiley IFRS: Practical Implementation Guide and Workbook, 3rd Edition
— Explanations of IFRS and IFRIC interpretations — Practical insights into implementation issues — Worked-out illustrations …
book
Wiley Interpretation and Application of IFRS Standards
The 2019 reference for the interpretation and application of the latest international standards Wiley IFRS® Standards …
