Identifying the contract – The first step in recognizing revenue
PwC's accounting podcast - En podcast af PwC

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Did you enjoy this episode? Text us your thoughts and be sure to include the episode name. Our revenue miniseries continues with identifying the contract, the first step in the five-step model in the revenue standard. It's important to get this step right to appropriately apply the model for recognizing revenue. In this episode, we discuss: 4:10 – The five criteria to have a contract with a customer under the revenue standard 8:23 – The impact of master services agreements and enf...