Revenue Recognition Guide - Softcover

Taub, Scott A.

Softcover

ISBN 10: 080803894X ISBN 13: 9780808038948

Verlag: CCH INC, 2014

Über diesen Titel

Reseña del editor:

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 standardsetters. 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 nonpublic companies. To facilitate research, the text includes references to pertinent paragraphs of the authoritative literature addressing key points. Material can be located several ways: the CrossReference lists show the chapter in which a particular pronouncement is discussed; the Index provides a quick page reference based on topic.

Biografía del autor:

Scott A. Taub was a partner in Arthur Andersen's Professional Standards Group until July 2002, where he worked on matters of accounting and auditing, Arthur Andersen's accounting policies, and represented the firm before the Financial Accounting Standards Board, the Emerging Issues Task Force, the SEC, the AICPA, and the International Accounting Standards Board. Subsequent to writing this book, Mr. Taub rejoined the SEC staff as a Deputy Chief Accountant in the Office of the ChiefAccountant. He also chaired the accounting, audit and disclosure standing committee of the International Organization of Securities Commissions. Currently, he is a Managing Director at Financial Reporting Advisors.

Über diese Auflage

• Verlag: CCH INC
• Erscheinungsdatum: 2014
• ISBN 10: 080803894X
• ISBN 13: 9780808038948
• Einband: Tapa blanda