What is 10eqs?
Specialized market insights delivered by virtual teams of industry experts & consultants. We build custom virtual teams, manage the delivery execution process, and share insights with you throughout the project. 10EQS works with leading corporations, consulting and investment firms.
Why choose 10eqs for market intelligence?
10EQS provides market intelligence solutions delivered by curated teams of independent top-tier consultants and external industry experts. We work with ‘real’ industry specialists to get custom market insights for you quickly. Assess market opportunities and develop actionable go-to-market strategies.
What does the new revenue recognition model mean for You?
The new model’s core principle for revenue recognition is to “depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services.”
What are the conditions for revenue recognition?
Recall the conditions for revenue recognition. Conditions (1) and (2) state that revenue would be recognized when the seller has done what is expected to be entitled to payment. Therefore, revenue is recognized either: At a point in time; or