Revenue In Accounting Ppt
Accounting principles ppt free download as powerpoint presentation ppt pdf file pdf text file txt or view presentation slides online.
Revenue in accounting ppt. Accounting basics rania a. 2 in public reports as a measure of the success of a corporation s operations. Ppt accounting and financial reporting powerpoint presentation free to view id. Member of council of icab highest governing body ex member of dhaka regional committee of icab member of institute of internal auditors bangladesh life member of gulshan north club life member of banani society member gulshan health club active rotarian.
Revenue expenses income the income statement example statement of cash flows statement of cash flows the most important item that can be extracted from financial statements is the accounting cash flow of the firm. 20160820 ppt on revenue accounting bfrs 15 1. As part of. Revenue defined revenue is the gross inflow of economic benefit during the period arising in the course of the ordinary activities on an entity when those inflows result in increase in equity other than increases relating to contributions from equity participants ias 18 aasb 118.
The growth in the accounting services market is due to increased mergers and acquisitions m a technology stocks performance and financial reporting standards transition. Text and cases 11th edition. Revenue from contracts with customers bfrs 15 2. Workday financial management certification training program in iq online will provide you with in depth knowledge of accounting and finance revenue management financial reporting and consolidation.
The revenue recognition principle says that revenue should be recognized in the accounting period in which it is earned. Cathey chapter 5 income concepts the purpose of income reporting. Lecture 9 revenue arthik davianti se. 3 as a criterion for the determination of the.
Income is used 1 as the basis of one of the principal forms of taxation.