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The revenue principle of GAAP requires revenue to be recorded in the period it is earned regardless of when it is billed or when cash is received. This is a simple measure if you are selling and shipping a product to a customer, but can become an adminis
Revenue, Recognition, Revenue Recognition, Leadership, Finance, 360, CPA, Accounting, Controller, CAO, CFO, New Standard, Expert, Experience, Review Contracts, Software Issues, Complex, Compliance, Avoid Re-statements, Confidence, Road Map, Life Cycle, Pl
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