Revenue Recognition_en

AL-AZHAR UNIVERSITY

FACULTY OF ECONOMIC & ADMINISTRATIVE SCIENCE

ACCOUNTING DEPARTEMENT

Research About

Revenue Recognition :

Revenue from Contracts with Customers

Prepared BY:

Ahmad Rashad Abu Safi

SUPERVISED BY:

Dr. Emad Abu Shaaban

Table of contents

Part 1 Introduction & Review

  • Background and Introduction
  • Scope
  • The objectives

Part 2 Recognition of revenue

  • Identifying the contract
  • Identifying separate performance obligations
  • Satisfaction of performance obligations

Part 3 Measurement of revenue

  • Determining the transaction price
  • Allocating the transaction price to separate performance obligations

Part 4 presentation and Disclosure

    • Presentation
  • Disclosures

Part 5 Appendices

  • Define term
  • Effective date and transition
  • Application Guidance

· References