Knowing and understanding significant financing component is important for properly recording revenue from customers. So, when determining the amount of consideration, you should also consider whether the promised consideration includes a significant financing component. Watch this video to get the required knowledge regarding significant financing component in order to crack any question on this topic in the CPA exam.
CPA FAR Video | Significant Financing Component – Revenue Recognition
Knowing and understanding significant financing component is important for properly recording revenue from customers. So, when determining the amount of consideration, you should also consider whether the promised consideration includes a significant financing component. Watch this video to get the required knowledge regarding significant financing component in order to crack any question on this topic in the CPA exam.
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