Revenue disclosure

accounting-exercises

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An enterprise should disclose:

  1. the accounting policies adopted for the recognition of revenue
  2. the amount of each significant category of revenue recognised during the period: the sale of goods, the rendering of services, interest, royalties, dividends
  3. the amount of revenue arising from exchanges of goods or services included in each significant category of revenue.

Related posts:

  1. Meaning of revenue
  2. Measurement of revenue
  3. Accrual revenue
  4. Disclosures relating to share capital
  5. Inventory disclosure

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