{"product_id":"revenue-recognition-mastery-practical-accounting-strategies-for-complex-transactions-9798197661470","title":"Revenue Recognition Mastery: Practical Accounting Strategies for Complex Transactions","description":"\u003cp\u003e • Author(s): Cyrus Redmond\u003cbr\u003e • Publisher: Independently Published\u003cbr\u003e • Publisher Imprint: Independently Published\u003cbr\u003e • BISAC: Accounting - Standards (GAAP, IFRS, etc.)\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eRevenue recognition gets practical in this clear, job-ready guide for accountants, controllers, auditors, and finance teams handling complex customer arrangements.\u003c\/b\u003e Built around ASC 606 and IFRS 15, this book translates core guidance into a step-by-step approach that can be applied to real contracts, from the first review of customer terms through final disclosure and reporting.\u003c\/p\u003e\u003cp\u003eThis title covers the full revenue process in a structured way, including: \u003c\/p\u003e\u003cul\u003e\n\u003cli\u003e\n\u003cb\u003eContract assessment\u003c\/b\u003e, identifying enforceable agreements, collectability, contract terms, and modifications.\u003c\/li\u003e\n\u003cli\u003e\n\u003cb\u003ePerformance obligations\u003c\/b\u003e, distinguishing distinct goods and services, bundled promises, setup work, options, warranties, and material rights.\u003c\/li\u003e\n\u003cli\u003e\n\u003cb\u003eTransaction price\u003c\/b\u003e, including fixed and variable consideration, discounts, rebates, credits, refunds, and constraint analysis.\u003c\/li\u003e\n\u003cli\u003e\n\u003cb\u003eAllocation methods\u003c\/b\u003e, with practical approaches for standalone selling price estimation and multi-element arrangements.\u003c\/li\u003e\n\u003cli\u003e\n\u003cb\u003eTiming of recognition\u003c\/b\u003e, explaining when revenue is recognized over time or at a point in time, plus progress measurement methods.\u003c\/li\u003e\n\u003cli\u003e\n\u003cb\u003eContract costs\u003c\/b\u003e, including sales commissions, fulfillment costs, amortization, impairment, and systems considerations.\u003c\/li\u003e\n\u003cli\u003e\n\u003cb\u003ePrincipal versus agent analysis\u003c\/b\u003e, plus gross versus net presentation for marketplaces, platforms, resellers, and service intermediaries.\u003c\/li\u003e\n\u003cli\u003e\n\u003cb\u003eSpecial situations\u003c\/b\u003e, such as licenses, nonrefundable upfront fees, consideration payable to customers, and renewal options.\u003c\/li\u003e\n\u003cli\u003e\n\u003cb\u003eDisclosures and audit readiness\u003c\/b\u003e, with guidance on revenue rollforwards, contract balances, remaining performance obligations, and supporting schedules.\u003c\/li\u003e\n\u003c\/ul\u003e\u003cp\u003eWhat makes this book especially useful is its emphasis on implementation. Rather than staying at the theory level, it focuses on documentation, controls, data inputs, workpaper structure, reconciliation, and policy design so teams can build a revenue process that stands up to audit scrutiny.\u003c\/p\u003e\u003cp\u003e\u003ci\u003eIdeal for professionals who need a reliable reference for complex revenue scenarios, this book offers practical accounting strategies, clear decision points, and a complete framework for compliant revenue reporting.\u003c\/i\u003e\u003c\/p\u003e","brand":"Independently Published","offers":[{"title":"Paperback","offer_id":47891464388759,"sku":"9798197661470","price":1543.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9798197661470.webp?v=1781183787","url":"https:\/\/atlanticbooks.com\/products\/revenue-recognition-mastery-practical-accounting-strategies-for-complex-transactions-9798197661470","provider":"Atlantic Books","version":"1.0","type":"link"}