How hard can it be to recognise revenue? As the rules struggle to keep pace with evolving technologies and advanced business models, technology companies are under pressure to ensure compliance and transparency.
For successful compliance, companies should have a detailed revenue recognition policy and checklist; set the right tone at the top; train sales and contract personnel; use standard contracts; have a point-person in charge of revenue recognition; and involve PricewaterhouseCoopers early in complex deals.
How PricewaterhouseCoopers can help
One of the key elements to success is having the right tools. PricewaterhouseCoopers distinguishes itself with its revenue recognition technical authority. Our global network is updated monthly on the latest developments. Our 300-page guide delivers in-depth guidance to navigate and understand the technical issues surrounding revenue recognition. Attend one of our revenue recognition boot camps held frequently around the world to keep technology clients constantly attuned to revenue recognition issues.
