Revenue Recognition Guide 2018
DOWNLOAD
Download Revenue Recognition Guide 2018 PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Revenue Recognition Guide 2018 book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
Revenue Recognition Guide 2018
DOWNLOAD
Author : Scott A. Taub
language : en
Publisher: Cch
Release Date : 2017-09-23
Revenue Recognition Guide 2018 written by Scott A. Taub and has been published by Cch this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-09-23 with Business & Economics categories.
Completely rewritten for 2017, Revenue Recognition Guide is a comprehensive reference manual that addresses authoritative literature on revenue recognition that must be adopted by public companies by 2018. Revenue Recognition Guide clarifies concepts and principles, and provides insight into issues that have been addressed as the accounting profession prepares to adopt the new guidance.
Revenue Recognition Guide 2016
DOWNLOAD
Author : Scott A. Taub CPA
language : en
Publisher: CCH Incorporated
Release Date : 2015-11-15
Revenue Recognition Guide 2016 written by Scott A. Taub CPA and has been published by CCH Incorporated this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-11-15 with categories.
Revenue is the top line in the income statement and one of the most important figures to both preparers and users of financial statements. It is also one of the most difficult numbers in the financial statements to get right. Revenue Recognition Guide is a comprehensive reference manual covering the key concepts and issues that arise in determining when and how to recognize revenue. It covers the litany of existing authoritative literature related to revenue recognition and clarifies those revenue recognition concepts that are vague. For issues not addressed in the accounting literature, this Guide provides suggested accounting treatments that are consistent with general revenue recognition concepts and principles. The Guide also provides examples of key points, includes excerpts from the financial statements of public companies, illustrating key concepts and judgments, and discusses revenue recognition projects on the agendas of the various accounting standard-setters. The 2016 Edition also includes a discussion of the new comprehensive standard on revenue recognition, ASU 2014-09, which will be effective in 2017 for public companies and 2018 for private companies. This new standard will replace almost all of the existing guidance on revenue recognition. Revenue Recognition Guide is organized into 13 chapters. Within these chapters, a number of Observations and Practice Pointers highlight key consequences of the accounting guidance and identifies issues to watch for when dealing with certain revenue transactions. SEC Registrant Alerts highlights issues that the SEC is particularly focused on, as well as additional guidance provided by the SEC beyond the guidance typically followed by non-public companies. To facilitate research, the text includes references to pertinent paragraphs of the authoritative literature addressing k
Revenue Recognition Guide 2013
DOWNLOAD
Author : Scott A Taub, CPA
language : en
Publisher: CCH Incorporated
Release Date : 2012-10-13
Revenue Recognition Guide 2013 written by Scott A Taub, CPA and has been published by CCH Incorporated this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-10-13 with categories.
Audit And Accounting Guide Health Care Entities 2018
DOWNLOAD
Author : AICPA
language : en
Publisher: John Wiley & Sons
Release Date : 2018-11-30
Audit And Accounting Guide Health Care Entities 2018 written by AICPA and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-11-30 with Business & Economics categories.
Considered the industry's standard resource, this guide helps accountants and financial managers understand the complexities of the specialized accounting and regulatory requirements of the health care industry. Updated for 2018, this edition has been prepared and reviewed by industry experts and provides hands-on, practical guidance for those who work in and with health care entities. A critical resource for auditors, this edition includes new accounting standards and relevant GASB and FASB updates (including those related to private companies). Updates include: FASB ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) FASB ASU No. 2016-01, Financial Instruments - Overall (Subtopic 825-10) Recognition and Measurement of Financial Assets and Financial Liabilities FASB ASU No. 2016-14, Not-for-Profit Entities (Topic 958): Presentation of Financial Statements of Not-for-Profit Entities SAS No. 133, Auditor Involvement With Exempt Offering Documents GASB Statement No. 75, Accounting and Financial Reporting for Postemployment Benefits Other Than Pensions (and Certain Issues Related to OPEB Plan Reporting) GASB No. 83, Certain Asset Retirement Obligations
Revenue Recognition Guide
DOWNLOAD
Author : Scott A Taub, CPA
language : en
Publisher: CCH Incorporated
Release Date : 2011-10
Revenue Recognition Guide written by Scott A Taub, CPA and has been published by CCH Incorporated this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-10 with Accounting categories.
Revenue is the top line in the income statement and one of the most important figures to both preparers and users of financial statements, but it is also one of the most difficult numbers in the financial statements to get right. The "Guide" is a comprehensive reference manual covering the key concepts and issues that arise in determining when and how to recognize revenue. Pub. 10/11.
Revenue Recognition Guide 2022
DOWNLOAD
Author : Scott A. Taub
language : en
Publisher:
Release Date : 2021-08-17
Revenue Recognition Guide 2022 written by Scott A. Taub and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-08-17 with categories.
Revenue Recognition Guide is a comprehensive reference manual covering key concepts and issues that arise in determining when and how to recognize revenue. It covers the new authoritative literature related to revenue recognition that became effective in the past few years. Revenue Recognition Guide clarifies revenue recognition concepts and principles, and provides insight into issues that have been addressed as the accounting profession prepares to adopt the new revenue recognition literature.
Welcoming The New Revenue Recognition Standard Asc 606 Revenue From Contracts With Customers Second Edition
DOWNLOAD
Author : Ambalika Singh
language : en
Publisher: Independently Published
Release Date : 2019-03-02
Welcoming The New Revenue Recognition Standard Asc 606 Revenue From Contracts With Customers Second Edition written by Ambalika Singh and has been published by Independently Published this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-03-02 with Business & Economics categories.
The New Revenue Recognition Standard is a joint bold move made by both the FASB and the IASB to give top-lines of companies, across industries, a common denominator. It is a move from the fair value measure of vendor-specific objective evidence ('VSOE') to measure revenue, to one which takes into account what consideration the entity really expects to be entitled to receive from a contract with a 'customer'. The new standard broadens the definition of revenue to include newer concepts like contract costs incurred for transferring a good/ service, material rights and gain and loss from the sale of non-financial assets. There is specific guidance around contract combinations and contract modifications. 'Transfer of control to a customer' is the axis of the new revenue recognition standard. As control usually transfers before risks and rewards usually do, entities may witness an acceleration in revenue recognition. Collaborative arrangements have come under the scanner as the collaborator may be acting as a 'customer'. ASU 2018-18 issued in November 2018 removes the bias that amidst a risk and benefits sharing atmosphere of a collaborative arrangement, control of an output of an ordinary activity of one collaborator could be transferred to another collaborator for a consideration. Distinct goods/ services are now determined based on whether they are both individually distinct and are distinct within the context of the contract. Individually distinct goods/ services are now determined based on the characteristics of the goods or services themselves, instead of the way in which the customer may use the goods or services. VSOE rules are past tense and a good/ service may be distinct even if VSOE could not be established earlier. This may lead an increase or decrease in performance obligations, leading to difference in timing of revenue recognition. Increased judgement is needed for demarcating between a sale/ lease/ financing, in estimating variable consideration after applying constraints and in the capitalization and amortization of contract costs-especially in case of a principal versus agent situation. More disclosures are required. Provision for loss on contracts may apply to entities as ASC 606 amends ASC 605 for those paragraphs instead of superseding them. The position under IFRS is different as with the superseding of IAS 11 Construction contracts, the non-onerous provision for loss on construction contracts has been done away with. ASU 2017-01 and ASU 2017-05 narrowing the definition of 'business' and defining an 'In Substance Nonfinancial asset', respectively, impact the new revenue recognition standard from the point of view of a sale of non-financial assets to a customer- where the interest in an entity does not fall under the new definition of business but within the definition of essentially a non-financial asset. IFRS 3 has also been amended for a new definition of business and that does bring US GAAP and IFRS closer. The new standard interacts with the new leases standard and there may be a pit stop at ASC 606 before an entity transitions to the new leases standard. This book brings you the impacts from an exotic mix of industries as varied as aerospace and defense, engineering, media and entertainment, airlines, pharmaceuticals, health care, early-stage life sciences, software, construction and real estate, retail and e-commerce, hospitality, telecommunications, shipping, automotive, outsourcing and investment companies and promises deep learning. The new revenue recognition standard affects more than just revenue and impacts the business processes and results in dual SOX testing during the transition phase. With all the shuffling around the timing of payments being linked to the satisfaction of performance obligations, managements should properly assess their normal operating cycles and working capital. With sufficient discussions and training, all managements will be able to do the 'heavy lifting'.
Audit And Accounting Guide Construction Contractors 2018
DOWNLOAD
Author : AICPA
language : en
Publisher: John Wiley & Sons
Release Date : 2018-09-13
Audit And Accounting Guide Construction Contractors 2018 written by AICPA and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-09-13 with Business & Economics categories.
Considered the construction contractors industry standard resource, this 2018 edition is packed with information on new requirements and relevant changes to the FASB Accounting Standards Codification, including a high-level look at FASB ASU Nos. 2014-09, Revenue from Contracts with Customers and 2016-02, Leases. Further, as an Appendix to Chapter 2, Contract Accounting, the guide contains the views of the AICPA's Revenue Recognition Task Force and Financial Reporting Executive Committee on the implementation of FASB ASU No. 2014-09. Whether you are in public accounting, performing assurance services, or operate in the industry, this resource has the information you need to perform at your best. Highlighting practical tips and industry specific guidance, this guide provides value from simple accounting to joint venture creation and takes a deep dive into industry specific auditing procedures. With two complete sets of financial statements and disclosures, it provides an industry accepted blueprint from where to start, or a reference for auditing the final product.
Revenue Recognition The Complete Guide
DOWNLOAD
Author : Harold S. Peckron
language : en
Publisher: North Vancouver, B.C. : STP, Specialty Technical Publishers
Release Date : 2004
Revenue Recognition The Complete Guide written by Harold S. Peckron and has been published by North Vancouver, B.C. : STP, Specialty Technical Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with categories.
Wiley Gaap 2018
DOWNLOAD
Author : Joanne M. Flood
language : en
Publisher: John Wiley & Sons
Release Date : 2018-03-27
Wiley Gaap 2018 written by Joanne M. Flood and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-03-27 with Business & Economics categories.
"With updates to revenue, recognition, leases, and an online presentation and disclosure checklist"--Cover.