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Class 12 Accounts Notes: Receivables and Revenue Recognition Notes PDF Download

Class 12 Accounts Notes: Receivables and Revenue Recognition Notes PDF Download

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Class 12 Accounts Notes: Time Value of Money Notes PDF Download

Why do we care about revenue
recognition?
ƒ Revenue has a BIG impact on bottom-line profitability ==>
managers may be tempted to manage revenue
ƒ Large Sample Evidence: over 40% of SEC enforcement actions
on accounting issues deal with Revenue Recognition

Total Pages – 25

PDF Size –  135 KB

Category: Tags: , , ,
mdsarfaraz
mdsarfaraz

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Class 12 Accounts Notes: Time Value of Money Notes PDF Download

Why do we care about revenue
recognition?
ƒ Revenue has a BIG impact on bottom-line profitability ==>
managers may be tempted to manage revenue
ƒ Large Sample Evidence: over 40% of SEC enforcement actions
on accounting issues deal with Revenue Recognition

Total Pages – 25

PDF Size –  135 KB

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