Oscar J. "Revenue recognition convergence: The contract-based model." Journal Of Corporate Accounting & Finance (Wiley) 22‚ no. 6 (2011): 87-92. The article “Revenue Recognition Convergence: The Contract-Based Model” is all about revenue recognition. It begins by explaining the conceptual background information to give you an overview of what revenue recognition is both in the US and internationally. Part of this section also discusses what problems have been found with revenue recognition
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Chapter 10 Auditing the Revenue Process SEC SAB101: Revenue recognition 1. 有persuasive evidence 有证据 2. Delivery occurred‚ service rendered，东西给了服务于需求 3. Price is fixed/determinable 价格固定 4. 有collectability钱收的回来 Fraud Risk in Revenue cycle: 欺诈风险 1. Side agreement: off-book‚ adjust record to entice customer 2. Channel stuffing: 填塞分销渠道，造成销售假象 inflate sales by forcing product through a distribution channel 3. Related party transaction: 实质重于形式原则substance over form是指企业应当按照交易或事项的经济实质进行会计核算，而不应当仅仅按照它们的法律形式作为会计核算的依据
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Algebra I Cost-Revenue Business Project This project is designed for you to demonstrate your understanding of systems of linear equations. Before starting‚ read the entire project outline and requirements. During this project you are to do the following: 1) Pair up with a partner and create a business that sells one commodity of your choice (points for creativity). 2) Create a Market Research Survey that will be used to survey 50 students to help you discover what potential customers are looking
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THE REVENUE SOURCES OF FACEBOOK.COM Facebook Revenues Up to $700 Million in 2009‚ On Track Towards $1.1 Billion in 2010 Facebook is tight-lipped about its revenue numbers‚ which is typical of private companies. The most it has said publicly is that it became “free cash-flow positive” as of last September. At the time‚ we estimated it was set to bring in around $550 million for the year in revenues based on previous reports that we and others had heard‚ and from our own calculations. But how did
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traditional project cycle Macarthur’s project sequence model The participatory project management cycle Then discuss which one of them is best suited to ensure learning takes place and that project planning is improved. TABLE OF CONTENTS 1. INTRODUCTION 2. TRADITIONAL PROJECT CYCLE 3. Macarthur’s PROJECT SEQUENCE MODEL 4. THE PARTICIPATORY PROJECT MANAGEMENT CYCLE 5. ADVANTAGES OF TRADITIONAL PROJECT CCYLE 6. ADVANTAGES OF Macarthur’s PROJECT SEQUENCE MODEL 7. ADVANTAGES OF PARTICIPATORY
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frequent flier programs produced revenues estimated at 2.5 billion Euros (more than US$3 billion) and better per passenger results. 1 Revenues from non-ticket sources‚ which are called ancillary revenues‚ have become an important financial component for low cost carriers (LCCs) in Europe and throughout the world. Michael O’Leary‚ Chief Executive of Ryanair‚ Europe’s largest LCC‚ wants to offer free airline tickets by replacing traditional ticket sales with revenues produced by ancillary activities
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The Accounting Cycle Kaplan University AB114-02 Accounting I Professor Richard Franchetti Barbara Kerr April 8‚ 2013 THE ACCOUNTING CYCLE 1 The accounting cycle begins with analyzing and journalizing transactions and ends with preparing the accounting records for the next period. There are ten steps one must follow in the accounting cycle. The first step in the accounting cycle is to analyze and record transactions in the journal using the double entry-accounting
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MENS REA Mens Rea is described as "A guilty mind; a guilty or wrongful purpose; a criminal intent; Guilty knowledge and willfulness". [2] In criminal law it is the basic principle that a crime consists of a mental element and a physical element. A person’s awareness of the fact that his or her conduct is criminal is the mental element‚ and actus reus’ (the act itself) is the physical element. The concept of Mens Rea started its development in the 1600s in England when judges started to say that
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Water Cycle By: Ricayanna Clarke Mr.Fraizer 804 Science TABLE OF CONTENTS 1. INTRODUCTION 2. CHAPTER 1 – The Water Cycle 3. CHAPTER 2 - What is Evaporation? 4. CHAPTER 3 - Condensation 5. CHAPTER 4 - Precipitation 6. CHAPTER 5 - Major sources of water 7. CHAPTER 6 - Where are places that irrigation would be common? 8. CONCLUSION 9. BIBILIOGRAPHY INTRODUCTION The reason why I chose this topic is because I was interested in the water cycle. The water cycle caught
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Managing the Guest Cycle The guest cycle describes the activities that each guest passes by from the moment he/she calls to communicate a reservation inquiry until he/she departs from the hotel. The hotel guest stay cycle can be divided into four main stages. Within these four stages there are important task related to guest services and guest accounting. The Four Stages of Guest Cycle: 1. Pre-Arrival 2. Arrival 3. Occupancy 4. Departure Below is a description of the activities
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