Revenue Recognition Guide - Tapa blanda

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. This edition has been updated to reflect the FASB Accounting Standards Codification (TM) pronouncements/topics to help you quickly locate the information you need in the way that you prefer accessing it.

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.