Revenue from contract with customer

By:

CHOUBEY, SHASHIKANT

Material type:

Mixed materialsPublication details: 2013Description: 415-417Subject(s):

ECONOMICS

NLM classification:

In: MANAGEMENT ACCOUNTANTMSummary: Wheels of new revenue recognition standard is inching towards reality and there would not be surprised, if we get an IFRS on revenue recognition, named revenue from contract with customer by end of this year. However, the boards (jointly IASB andFASB) still determined to bring the new standard by end june, 2013. Revenue being a vital and first line number of a financial statement, reads strength and ability of an entity or group.

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Item type	Current library	Call number	Vol info	Status	Date due	Barcode
Periodicals/Magazines	SSCBS Library		48/4	Available		P15010

Wheels of new revenue recognition standard is inching towards reality and there would not be surprised, if we get an IFRS on revenue recognition, named revenue from contract with customer by end of this year. However, the boards (jointly IASB andFASB) still determined to bring the new standard by end june, 2013. Revenue being a vital and first line number of a financial statement, reads strength and ability of an entity or group.

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