Читать книгу Revenue Recognition - Renee Rampulla - Страница 25

The core principle of the revenue recognition standard is that an entity should recognize revenue to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In order to achieve this core principle, an entity should be able to perform the following:

 Step 1: Identify the contract with a customer

 Step 2: Identify the performance obligations in the contract

 Step 3: Determine the transaction price

 Step 4: Allocate the transaction price

 Step 5: Recognize revenue when or as the entity satisfies a performance obligation