Dokumen tersebut membahas tentang pengakuan pendapatan, termasuk:
1. Prinsip-prinsip pengakuan pendapatan yaitu manfaat ekonomi akan mengalir ke perusahaan dan manfaat tersebut dapat diukur secara andal.
2. Pengakuan pendapatan pada saat penjualan, penyimpangan dari dasar penjualan, dan pengakuan pendapatan kontrak jangka panjang.
3. Metode pengukuran pendapatan seperti metoda angs
2. C H A P T E R 18 REVENUE Intermediate Accounting IFRS Edition Kieso, Weygandt, and Warfield
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4. The Current Environment Restatements untuk improper revenue recognition secara relatif biasa terjadi sehingga berakibat pada dilakukannya penyesuaian harga saham secara signifikan Revenue recognition merupakan aktivitas yang paling berisiko dimanipulasi ( top fraud risk) dan apapun standar akuntansi yang digunakan, baik IFRS maupun GAAP, risiko atau eksalahan dan ketidak akuratan dalam pelaporan pendapatan jumlahnya sangat besar.
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6. The Current Environment Sale of product from inventory Type of Transaction Rendering a service Permitting use of an asset Sale of asset other than inventory Date of sale (date of delivery) Services performed and billable As time passes or assets are used Date of sale or trade-in Gain or loss on disposition Revenue from interest, rents, and royalties Revenue from fees or services Revenue from sales Description of Revenue Timing of Revenue Recognition Illustration 18-1 Revenue Recognition Classified by Nature of Transaction
10. Revenue Recognition at Point of Sale Sansung membuat jurnal berikut pada tanggal 31 Maret, 2011. Piutang Dagang 679,000 Penjualan 679,000 Illustration 18-2
11. Revenue Recognition at Point of Sale Jika pelanggan meet the discount threshold , Sansung membuat jurnal berikut: Kas 679,000 Piutang Dagang 679,000 Illustration 18-2
12. Revenue Recognition at Point of Sale Jika pelanggan fail to meet the discount threshold , Sansung membuat jurnal berikut pada tanggal pembayaran. Kas 700,000 Piutang Dagang 679,000 Potongan Penjualan dikorbankan 21,000 Illustration 18-2
15. Revenue Recognition at Point of Sale Jurnal untuk mencatat penjualan SEK ke Grant Company pada tanggal 1 Juli 2011 adalah Piutang Wesel 900,000 Penjualan 900,000 Illustration 18-3
16. Revenue Recognition at Point of Sale SEK membuat jurnal untuk mencatat pendapatan bunga sbb. Piutang Wesel 54,000 Pendapatan Bunga (12% x ½ x €900,000) 54,000 Illustration 18-3
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18. Revenue Recognition at Point of Sale Bill and Hold Sales Pembeli belum memperoleh barang namun telah memiliki hak dan sudah menerima tagihan. Illustration 18-4
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20. Revenue Recognition at Point of Sale Butler membuat jurnal untuk mencatat bill and hold sal e. Piutang Dagang 450,000 Penjualan 450,000 Illustration 18-4
21. Revenue Recognition at Point of Sale Penjualan dengan Instalasi atau Inspeksi Illustration 18-5
Service Cost - Actuaries compute service cost as the present value of the new benefits earned by employees during the year. Future salary levels considered in calculation. Interest on Liability - Interest accrues each year on the PBO just as it does on any discounted debt. Actual Return on Plan Assets - Increase in pension funds from interest, dividends, and realized and unrealized changes in the fair market value of the plan assets. Amortization of Unrecognized Prior Service Cost - The cost of providing retroactive benefits is allocated to pension expense in the future, specifically to the remaining service-years of the affected employees. Gain or Loss - Volatility in pension expense can be caused by sudden and large changes in the market value of plan assets and by changes in the projected benefit obligation. Two items comprise the gain or loss: difference between the actual return and the expected return on plan assets and, amortization of the unrecognized net gain or loss from previous periods