Revenue Recognition Principle Pdf

Principle of revenue recognition is already connected with the principle of causal connection of revenues with expenses.

Revenue recognition principle pdf. Revenues are generally earned when goods are shipped or services are performed. It is not only profits but also revenues. Prinsip pengakuan pendapatan memberikan perusahaan pengetahuan bahwa mereka harus mengakui pendapatan 1 pada saat pendapatan tersebut telah direalisasikan dan 2 pada saat telah diterima didapatkan. Revenue recognition is an accounting principle that outlines the specific conditions under which revenue sales revenue sales revenue is the income received by a company from its sales of goods or the provision of services.

Pengakuan pendapatan revenue recognition 03 nov 2015. Academia edu is a platform for academics to share research papers. In accounting the terms sales and revenue can be and often are used interchangeably to mean the same thing. The university reports its revenues on the accrual basis meaning when they are earned not necessarily when payment is received.

Secara umum pedoman untuk pengakuan pendapatan sangat luas. Some types of revenues cannot. Data about revenues principle of revenue recognition and expenses are to be known for the establishment of profit as the category of profit or loss. This policy establishes when revenue must be recorded at the university.