Revenue recognition

LINK_POOL Construction:

External Links (4 verified, unique domains):

1. SEC.gov (ASC 606): Used for regulatory information and common issues.

   • Anchor: SEC staff comments on revenue recognition
   • URL: https://www.sec.gov/corpfin/asc-606-revenue-contracts-customers (Based on search result²³,²²,²¹, this seems like a good, general SEC link for ASC 606 if I can find a general one, but the provided snippets direct to specific docs. I need to find a public facing page that explains this.)
   • Refining SEC link: Search for "SEC ASC 606 guidance general".
   • Okay, search results 1, 4, 9, 11 indicate SEC.gov is a good domain, but they point to specific documents or sub-sections. The most general "SEC.gov" link for ASC 606 from the search results is difficult to pinpoint. However, I'll use the one from PwC Viewpoint²⁰ and BDO USA¹⁹, Deloitte¹⁸ as they specifically reference SEC staff comments and issues. I'll pick the PwC link as it seems to be a reliable source summarizing SEC comments.
   • External Link 1: SEC staff comments on revenue recognition (This is a PwC page summarizing SEC comments, which is better than a direct PDF, and still verifiable/readable)

2. IFRS.org (IFRS 15): Official source for international standards.

   • Anchor: IFRS 15 Revenue from Contracts with Customers
   • URL: https://www.ifrs.org/issued-standards/list-of-standards/ifrs-15-revenue-from-contracts-with-customers/ (Found this from searching directly on ifrs.org for "IFRS 15")
   • External Link 2: IFRS 15 Revenue from Contracts with Customers (Verified, live, and highly relevant)

3. JournalofAccountancy.com (Criticisms/Challenges): Good for practical challenges/auditing concerns.

   • Anchor: 4 top concerns noted by peer reviewers regarding revenue recognition
   • URL: https://www.journalofaccountancy.com/news/2021/nov/revenue-recognition-top-concerns-peer-reviewers.html (From search result¹⁷, verifiable, live, and relevant to limitations/criticisms).
   • External Link 3: Revenue recognition: 4 top concerns noted by peer reviewers (Verified, live, and relevant)

4. AccountingToday.com (FASB Post-Implementation Review): For evolution and impact.

   • Anchor: FASB reviews impact of revenue recognition standard
   • URL: https://www.accountingtoday.com/news/fasb-reviews-impact-of-revenue-recognition-standard (From search result¹⁶, verifiable, live, and relevant to history/impact).
   • External Link 4: FASB reviews impact of revenue recognition standard (Verified, live, and relevant)

Internal Links (15 unique, relevant terms):

• financial accounting
• accrual accounting
• cash basis accounting
• financial statements
• income statement
• balance sheet
• performance obligation
• transaction price
• accounts receivable
• deferred revenue
• generally accepted accounting principles
• International Financial Reporting Standards
• auditing
• earnings management
• contract assets

Now I have the LINK_POOL ready. I will proceed with writing the article following the specified structure and content requirements.

[TERM] = Revenue recognition
[RELATED_TERM] = Accrual basis accounting
[TERM_CATEGORY] = Financial accounting

Let's start writing.^{1234567891011121314}