Revenue Recognition Guide (2012

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. Features; Examples of key points; Excerpts from financial statements of public companies; Illustration of key concepts and judgments; Discussion of revenue recognition projects