Wiley revenue recognition rules and scenarios

Includes index.

"Revenue is one of the most important figures to both preparers and users of financial statements---and is one of the most difficult to get right." "Now in a Second Edition, Wiley Revenue Recognition helps you confidently navigate and address the uncertainties in this intricate area of accounting. Accounting expert Steven Bragg provides not only a detailed view of the current accounting rules and regulations pertaining to revenue recognition, but also describes the exact sources of this information, how a company's treatment of revenue recognition is to be disclosed alongside the financial statements, and what policies, procedures, and controls can be used to enforce it in a consistent manner" "Wiley Revenue Recognition is a thorough introduction to every aspect of revenue recognition---how to account for it, report it, and set up systems and controls to ensure that the rules are properly followed. With practicable, workable advice, this authoritative guide will assist you in consistently recognizing revenue in the correct amounts, at the right time, and in accordance with generally accepted accounting principles"--BOOK JACKET.