Revenue Recognition Policy of a Software House

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Revenue Recognition Policy of a Software House

iahmad
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#3

09-28-2005, 08:10 PM

software house enters into an agreement with a party to program a software for it. All the terms and conditions including the delivery of product, the invoicing terms, the maintenance terms, ownership terms are there. The software takes 3 years to complete. What should be the
annual revenue? Total contract cost let say $ 30 Million.

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Revenue Recognition Policy of a Software House - by iahmad - 09-27-2005, 10:13 PM

[No subject] - by Moon - 09-28-2005, 04:50 PM

[No subject] - by iahmad - 09-28-2005, 08:10 PM

[No subject] - by Moon - 09-29-2005, 09:08 PM