She says that properly acknowledging and reporting deferred revenue is a requirement to comply with Generally Accepted Accounting Principles (GAAP.) She explains, “Following U.S. GAAP ...

Learn how an unearned revenue, or deferred revenue, account affects a company's current liabilities and calculation of the ...

Revenue recognition lies at the heart of financial accounting, defining how and when income is acknowledged in financial statements. Beyond accurate ...

Thomson Reuters acquired, cPaperless, doing business as SafeSend, for $600 million in cash to expand its tax and accounting ...