Identifying the contract – The first step in recognizing revenue

PwC's accounting podcast - A podcast by PwC

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Did you enjoy this episode? Text us your thoughts and be sure to include the episode name.Our revenue miniseries continues with identifying the contract, the first step in the five-step model in the revenue standard. It's important to get this step right to appropriately apply the model for recognizing revenue. In this episode, we discuss:4:10 – The five criteria to have a contract with a customer under the revenue standard 8:23 – The impact of master services agreements and enforce...