Slide 11.Apply the revenue recognition principle. 2.Describe accounting issues involved with revenue recognition at point of sale. 3.Apply the percentage-of-completion method…
1. Chapter 18: Revenue RecognitionChapter 18: Revenue Recognition 2. • Issues • Largest single source of public company FS restatements • Required to be considered…
1. Chapter 18: Revenue RecognitionChapter 18: Revenue Recognition 2. • Issues • Largest single source of public company FS restatements • Required to be considered…
1. Chapter 18: Revenue RecognitionChapter 18: Revenue Recognition 2. • Issues • Largest single source of public company FS restatements • Required to be considered…
1. Chapter 18: Revenue RecognitionChapter 18: Revenue Recognition 2. • Issues • Largest single source of public company FS restatements • Required to be considered…
1. Chapter 18: Revenue Recognition 2. Revenue Recognition • Issues • Largest single source of public company FS restatements • Required to be considered fraud risk…
1. Chapter 18: Revenue RecognitionChapter 18: Revenue Recognition 2. • Issues • Largest single source of public company FS restatements • Required to be considered…
1. Chapter 18: Revenue RecognitionChapter 18: Revenue Recognition 2. • Issues • Largest single source of public company FS restatements • Required to be considered…
1. Chapter 18: Revenue RecognitionChapter 18: Revenue Recognition 2. • Issues • Largest single source of public company FS restatements • Required to be considered…
1. Chapter 18: Revenue RecognitionChapter 18: Revenue Recognition 2. • Issues • Largest single source of public company FS restatements • Required to be considered…