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Seismic Shift in SOP 97-2 - New ASU 2009-14 (EITF 09-3)
ASU 2009-14 (formerly known as EITF 09-3) tackles a hotly debated item: Should the existence of a software component in a tangible product trigger the application of software ... + read more
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EITF 00-21 Replaced – New ASU 2009-13 (EITF 08-1) Allows for Estimated Selling Price
Accounting Standards Update ASU 2009-13 (formerly known as EITF 08-1) introduces a “selling price” hierarchy for multiple-deliverable arrangements and for the first time allows ... + read more
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EITF 08-9: Milestone Method of Revenue Recognition
On April 7, 2009 the EITF published a draft abstract of EITF 08-9, "Milestone Method of Revenue Recognition." If approved, EITF 08-9 will introduce a new method of revenue recognition ... + read more
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Synopsis of FASB & IASB Preliminary Views on Revenue Recognition
After more than six years of deliberation, the Financial Accounting Standards Board and the International Accounting Standards Board have published their preliminary views on a new model ... + read more
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Revenue Recognition: an IFRS "Hot Spot"
This article outlines the key differences in the standards and provides a step-by-step approach to managing change as the fundamentals regarding revenue recognition and reporting ... + read more
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Compliance Week: Adding Compliance Solutions to your ERP Systems More than 200 accounting rules deal with Revenue recognition. How you can deal with them when your ERP system can’t. + read more
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Compliance Week: Lowering Your Revenue Restatement Risk
How to turn your revenue policy into an automated, workflow-driven, integrated process. + read more
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Contract Management: An Enterprise Process Perspective
Today's complex customer relationships require a formal contract management process from order entry to journal entry to ensure optimal revenue performance. + read more
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Software Business Magazine: Revenue Confusion, Revenue Deception, What's it Costing You?
It's all about revenue these days. Only revenue is revenue. So imagine your sales force not understanding the difference between cash, sales bookings, and recognizable + read more
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