TITLE

Managing High-Tech Revenue Streams

AUTHOR(S)
O'Connor, Robert
PUB. DATE
May 2002
SOURCE
Financial Executive;May2002, Vol. 18 Issue 3, p44
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article focuses on revenue recognition in accounting for the high technology industry and compliance with accounting standards. Rules, guidelines, and regulations from the U.S. Securities and Exchange Commission (SEC), Financial Accounting Standards Board, and American Institute of Certified Public Accountants (AICPA) are discussed. AICPA Statement of Position (SOP) 97-2 and SOP 98-9 and SEC Staff Accounting Bulletin 101 are compliance regulations for software companies that relate to earnings. VSOE, or vendor specific objective evidence, and multi-element contracts are mentioned.
ACCESSION #
11873430

 

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