AICPA Publishes Revenue Recognition Guidance

Topics:
Revenue recognition
Tags:
AICPA,
Audit,
Finance,
Financial Accounting,
Financial Services,
Operational Accounting,
Revenue,
Revenue Recognition
Source:
The American Institute of Certified Public Accountants

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Overview: 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 about revenue. A related objective is to help other members of the financial community, including preparation of financial statements and audit committees, appreciate the importance of accurate revenue recognition.

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Format: HTML | Date: Jan 1999 | Pages: 1

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