Tag Archives | Criteria

7 Important Criterion for Revenue Recognition

The following points highlight the seven important criterion for revenue recognition. Some of the criterion are: 1. Revenue Recognised at the Point of Sale 2. Revenue Recognition in Sale of Services 3. Revenue Recognition in Construction Work 4. Revenue Recognition in Instalment Credit Sales 5. Revenue Recognition Using Production Method and Others. Criteria # 1. Revenue Recognised at the Point [...]

By Manukriti Nandwani|2016-06-18T07:01:38+00:00June 18, 2016|Revenue|Comments Off

Notes on Management Audit Criteria

This article provides notes on Management Audit Criteria. The management functions are fundamentally of two types—qualitative and quantitative. Even if quantitative criteria or standards are identifiable or determinable and auditable, the qualitative aspects are difficult to audit. With respect to Management Audit, the objective is to identify for management the typical problems the company faces in the management of its [...]

By S Authi|2016-06-14T08:47:15+00:00June 14, 2016|Auditing|Comments Off

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