Remove Accounting Principles Remove IFRS Remove Sales
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Universal RevRec - The Next Breakthrough in SAP Revenue Recognition Unification

Bramasol

CBRR is based on optimized features for revenue accounting inbound processing and contract management and enables assigning the sales price to the relevant output of the obligations in the underlying contract. Agreements are analyzed to detect the performance obligations POBs and decide on the revenue recognition patterns.

SAP
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Disclosure Dilemma: When more (data) leads to less (information)!

Musings on Markets

Almost in parallel, accounting as a profession found its footing and worked on creating rules that would apply to reporting, at least at publicly traded companies, with GAAP (Generally Accepted Accounting Principles) making its appearance in 1933. In 2019, Uber claimed that its TAM was $5.2