March 2013
Intermediate to advanced
162 pages
3h 51m
English
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Delivery
The delivery criterion is met when the seller performs his or her obligations under the contract (explicit or implied). In determining revenue recognition, we need to make a distinction between delivery of products and delivery of services. Accountants generally use a separate model for products and services when recognizing revenue. For products, accountants generally use the Completed Performance model because value is delivered to the buyer when the products are delivered. (See Chapter 3: Product Revenue, which discusses this concept in detail.)
For services, the Proportional Performance model is generally used because the buyer is receiving value as each component of the service is being performed by the seller. For example, when ...
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I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.