Revenue recognition principle

Definition:

The idea that revenues should be recorded when (1) the earnings process has been substantially completed and (2) an exchange has taken place.

Related terms:

Attributes

Useful articles:

»	Trial and Error + Persistence = Successful Marketing
»	YOU Should Be in Control
»	Is It Dangerous To Pay Too Much For A Home?
»	Five Ways To Sabotage Your Business

Net Worth

This calculator will help you to determine your assets and liablilities and your Net Worth

Portfolio

This calculator is a guide to help you design investment portfolios for five different levels of risk

Tax Calculator

This calculator will help you to calculate the before and after tax prices for purchases

Browse by categories

Accounting	Advertising	Banking
Bankruptcy	E-Commerce	Economics
Finance	Law	Investment
Insurance	Marketing	Real estate
Statistic	Trade	Purchasing

Featured Articles:

Time Management

Dealing With the Flood of Paper

Each day you are inundated by paper in our over-information society. This article gives advice for dealing with all this paper in order to free up time and space.

Even with the advent ... [ more... ]

Negotiation

What to Watch for When the Talking is Over and It's Time to Get the Deal in Writing

Most people think of negotiating as the verbal give and take that takes people from their different wants and needs to a point of agreement. That, of course, is the heart of negotiating but just as... [ more... ]

Motivation

The Top Six Ways To Stay Motivated

I receive many emails from people that basically ask the same question: How can I keep myself motivated long term? This seems to be quite a common dilemma for many people so I want to address it be... [ more... ]

Term: Accounting -> Revenue recognition principle