Laying the Groundwork for Accurate Revenue Recognition

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Lynne Triplett and Jacqueline Akerblom, Partners in Grant Thornton’s Accounting Principles and Assurance Groups, discuss how to identify revenue recognition pitfalls, and how to avoid them.

Fundamentals in Revenue Recognition

  • Applicability of SOP 97-2
  • Analysis of multiple element software arrangements
    • Hosting arrangements
    • Software
    • Hardware with embedded software
  • Establishing and maintaining VSOE
    • Post Contract Customer Support
    • Consulting services

This webcast was conducted live on 5/24/07 and can be viewed on demand anytime.