What Is the Difference Between the Revenue Recognition Principle and the Expense Matching Principle? Understand the uses of these two core principles. The revenue recognition principle is a ...

A business that uses the accrual basis of accounting recognizes revenue and expenses in the accounting period in which they are earned or incurred, regardless of when payment occurs. This differs from ...

Statement of Position (SOP) 97-2 provides guidance on applying GAAP in recognizing revenue from software and software-related transactions. The SOP provides instruction on recognition for licensing, ...

FloQast, a provider of close management software, is eyeing the problems with the new revenue recognition standard, especially for privately held technology companies like itself. “We just got done ...

Except for a few minor differences, the revenue recognition standard released by FASB and the International Accounting Standards Board (IASB) in May 2014 contained converged financial reporting ...

The revenue recognition standard that takes effect in December for public companies could pose challenges for technology businesses, particularly those relying on traditional subscription licenses, ...

Revenue recognition has always represented a challenge for the construction sector. This basic accounting principle defines the how and when a business addresses income it earns through contracted ...

Fellow Irregulars Phil Wainewright and Jason Corsello are batting around the implementation services revenue recognition issue following Taleo's restatement of earnings. Phil uses it as a reason to ...

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Businesses want to maximize their revenue in the hope that more revenue will equal greater profits. However, just because a business receives payment does not mean that it can record the proceeds as ...

Revenue recognition company enables end-to-end revenue automation to support customers' evolving monetization needs. AUSTIN, Texas , Sept. 17, 2025 /PRNewswire/ -- Revenue recognition automation ...