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