That is, when the four revenue recognition criteria of SOP
97-2 are met.
In December 1991, AcSEC released SOP
91-1, Software Revenue Recognition, without substantial change from the exposure draft.
should have combined meetings regularly where the SOPs
of various departments could be audited and problems discussed to overcome them.
that is often overlooked is the data migration SOP
AcSEC's deliberations of the SOP
were contentious, and at times it appeared the project might be terminated.
Another great feature of the tool is the SOP
This section discusses considerations that were deemed significant by members of the Accounting Standards Executive Committee (AcSEC) in reaching the conclusions in this SOP
It is AcSEC's intention to use SOP
93-7, Reporting on Advertising Costs, the first phase of the broad project, as a guide in resolving issues associated with activities that create such future economic benefits.
The proposed SOP
is the first step in a multistep AcSEC project on reporting the costs of advertising activities and certain other activities to create future economic benefits through the development of intangible assets (for example, preopening and startup costs).
Advanced GMP for Finished Dose Operators covers everything a trainee needs to know about more demanding CGMP topics such as SOPs
, completing records, cleaning of equipment, QC status, use of computers, etc.
This month's column summarizes three SOPs
on investment company accounting for high-yield debt securities; income, capital gain and return of capital distributions; and foreign currency and another SOP
that rescinds Accounting Principles Board statements.
Approximately 70 SOPs
-- such as sales order allocations, shop floor management and accounts receivable transactions -- are defined in the module, which includes more than 2,000 transaction links.