Resources
BNET Business Dictionary
- Financial
- relating to finance
- Financial definition on BNET »
BNET Resources
- sort by:
- Relevance
- Date
- Popularity
- Conceptual framework, revenue recognition top FASAC priority list.(financialREPORTING)(Financial Accounting Standards Advisory Council )
- For the fifth consecutive year, the conceptual framework and revenue recognition have topped the list of issues that Financial Accounting Standards Advisory Council FASAC members believe should be the Financial Accounting Standards Board's FASB t For the fifth consecutive year, the conceptual framework and revenue...
- Research articles 2006-12-01
- Revenue recognition: a perennial problem; Concerns about revenue recognition have intensified, and Financial Executives Research Foundation looks at some current developments affecting FASB's ongoing project--which aims to develop guidance that would appl
- It's back. With most companies having completed their first internal control attestation--and thus, with less demanding focus on Sarbanes-Oxley Section 404 at least in the short run--attention for many is shifting to revenue recognition. The topic It's back. With most companies having completed their first...
- Research articles 2005-07-01
- Red Hat Announces Plan to Change Method of Revenue Recognition for Subscription Agreements and to Restate Financial Statements to Reflect Change
- RALEIGH, N.C. -- Red Hat Inc. (NASDAQ:RHAT):
- Research articles 2004-07-13
- SEC Staff Accounting Bulletin No. 101--Revenue Recognition in Financial Statements (2000).(Securities and Exchange Commission)
- An analysis is presented of the views of the staff of the Securities and Exchange Commission SEC on revenue recognition requirements of generally accepted accounting principles to be used in financial reporting. Registrant companies face a signific An analysis is presented of the views of the...
- Research articles 2001-10-01
- Execs Named in Bulk of SEC Fraud Cases: Study
- WASHINGTON (Reuters) - Company officers were named in 81 percent of the enforcement cases brought by the U.S. Securities and Exchange Commission in 2008, according to a study released Tuesday.Financial executives such as chief financial officers and accounting officers accounted for 44 percent of the individuals alleged to have committed...
- News items 2009-12-16
- Financial Statement Fraud, Integrity of Financial Information Continue to Be Front-Burner Issues
- Last year's financial failures highlighted some of the more egregious examples of corporate fraud. But they also brought to mind another concern: aggressive accounting. The entrepreneurial spirit of many fast-growing companies of the 1990s led some of them to use aggressive accounting, but in some cases, these methods clearly crossed...
- White papers 2003-02-06
- Financial Statement Fraud, Integrity of Financial Information Continue to Be Front-Burner Issues
- Last year's financial failures highlighted some of the more egregious examples of corporate fraud. However, they also brought to mind another concern: aggressive accounting. The entrepreneurial spirit of many fast-growing companies of the 1990s led some of them to use aggressive accounting, but in some cases, these methods clearly crossed...
- White papers 2003-02-06
- Leveraging Revenue Management Solutions
- New solutions are emerging in the revenue management space that enable firms to better manage and influence revenue streams. CFOs are making financial accuracy a top priority. Concurrently, accounting regulations for revenue recognition have been changing, particularly in the technology/software sector. Ongoing Financial Accounting Standards Board FASB rulings that will...
- White papers 2002-12-01
- Notes To Consolidated Financial Statements
- This article presents the policies which are adopted by International Business Machines Corp. regarding consolidation of its annual accounts, the appropriate use of estimates in accounting, the revenue recognition in terms of services, hardware business, software business, financing and multiple element arrangements. Further, it describes the policies adopted by the...
- White papers 2003-01-01
- Issues Relating To The Recognition of Revenues And Liabilities
- Revenue usually is the largest single item in financial statements and studies indicate that revenue recognition is the single largest category of financial statement restatements. Consequently, issues involving revenue recognition are among the most important - and the most difficult - that standard setters and accountants face. This proposal discusses...
- White papers 2003-01-01
- Revenue Recognition: What Is A Sale, And When Do You Book It?
- Financial accounting involves the systematic recording, reporting, and analysis of financial transactions of a business. Most accounting systems have the capability of presenting an accurate picture of the financial performance of organizations. However, sometimes, there do exist some loopholes. Some vested interests distort data and are instrumental in convoluting the...
- White papers 2003-08-29
- FASB's New Agenda
- From the executive summary: ‘When it comes to revenue recognition, the Financial Accounting Standards Board says examples of the issues that will be explored include revenue arrangements involving multiple products or services, and the effect on revenue recognition of customer rights of return. Revenue recognition is the largest single category...
- White papers 2002-01-16
- The Effects of Limiting Accounting Discretion on the Informativeness of Financial Statements: Evidence From Software Revenue Recognition
- This paper examines the effects on the informativeness of software companies' financial statements of limiting the amount of discretion with respect to software revenue recognition following the issuance of Statement of Position 91-1 in 1992. The requirement that companies adopt SOP 91-1 by restating earnings for prior periods allows to...
- White papers 2001-01-01
- Revenue Recognition and Financial Compliance for Project Management
- Government mandated financial compliance requirements, such as Sarbanes-Oxley SOX, are driving large investments in corporate accounting infrastructure, SOX Ethics Program Training, and Business Process Management BPM initiatives. Finance Management is driving corporate-wide changes that also must train and work closely with their front-line Sales and Project Management organizations to ensure...
- White papers 2005-06-07
- TAM Addresses SAB 101 Revenue Recognition Issues
- In December 1999, the SEC issued Staff Accounting Bulletin SAB 101, Revenue Recognition in Financial Statements, to provide guidance on revenue recognition for publicly traded companies. The paper offered a range of fact patterns with conclusions on the proper timing of revenue recognition for financial statement purposes. As a result...
- White papers 2003-07-01
- SEC's staff accounting bulletin 101: Revenue recognition in financial statements
- The US. Securities & Exchange Commission, as a matter of policy, disclaims responsibility for any private publication or statement by any of its employees. The views expressed herein are those of the author, and do not necessarily reflect the views of the Commission or the author's colleagues upon the staff...
- Research articles 2001-01-01
Additional Resources
- Revenue Recognition : More Stringent Rules on the Horizon
- Determining and reporting revenues are among the most critical issues in financial reporting. Indeed, the timing of revenue recognition affects both the top and bottom lines of the income statement as well as the balance sheet. Such timing can have a significant impact on share prices as investors compare actual...
- White papers 2001-12-01
- FASB Call to Action Solicits Input That May Lead to New General Standard Addressing Revenue and Liability Recognition Issues in Future Financial Statements
- Business/Technology Editors CANTON, Mass.--BUSINESS WIRE--Feb. 13, 2002 Softrax CEO Bob O'Connor Available to Speak on Details of Present General Standard and its Effects on Current Revenue Management Practices Recent studies, performed by the Financial Accounting Standards Board FASB, indicate that revenue is often the largest...
- Research articles 2002-02-13
- AICPA Publishes Revenue Recognition Guidance
- AICPA published Audit Issues in Revenue Recognition .The publication brings together in one source the audit and accounting guidance on revenue recognition for sales of goods and services in the ordinary course of business. Its primary objective is to help auditors fulfill their professional responsibilities with regard to auditing assertions...
- White papers 1999-01-01
- Subtle Issues in Revenue Recognition
- The article illustrates the fact that concerns related to the recognition of revenue in accordance with GAAP have risen in significance. Not only the fraudulent acts of recording revenue improperly through sham transactions, but subtler practices, such as recognizing revenue before it is earned, have drawn more intense regulatory scrutiny....
- White papers 2001-03-01
- << Previous
- page 1 of 1
- Next >>
Presented by American Express