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 ...

Anderson is CPA, doctor of accounting, and an accounting and ... Also referred to as deferred revenue, it is considered a form of prepayment, where the purchaser pays for a product or service ...

It is expected to generate approximately $60 million in revenue in 2025, before fair value adjustments to acquired deferred revenue ... president of tax, audit and accounting professionals at Thomson ...