The recognition of revenue
ID:CVTRR
Video Overview
Revenue is the gross inflow of economic benefits that cause an increase in equity during the financial period, resulting from the ordinary course of business. These exclude increases in equity due to contributions from equity participants. Broadly speaking, revenue is divided between the sale of inventory, and the rendering of services. The focus of this tutorial is the recognition of revenue. In other words, when is the relevant revenue recorded in the accounting records?
Member Area
UNREGISTERED? - CHOOSE A PLAYLIST TICKET
Please note
Internet access is required to view this product. You will be required to stream the online videos, which means you will incur data charges. Charges fluctuate depending on the length and complexity of the video.
These subscriptions will auto renew. E-mails will be sent to you 10 days before as a warning that it's about to auto renew. If you wish to cancel a subscription, you can visit 'Member Area - My Tickets and Subscriptions', where you can exercise the option to cancel.