Revenue< url>

I have gathered enough information to select suitable external links.

External Links selected:

1. FASB ASC 606: This is a crucial current accounting standard for revenue recognition in the US.

   • URL: https://www.fasb.org/page/PageContent?pageId=/reference/pages/fasb-asc-606.html (Verified live and provides relevant information on Topic 606)¹⁴, ¹⁵

2. IFRS 15: The international equivalent to ASC 606.

   • URL: https://www.ifrs.org/issued-standards/list-of-standards/ifrs-15-revenue-from-contracts-with-customers/ (Verified live and provides details on IFRS 15)¹⁰, ¹¹, ¹², ¹³

3. SEC Staff Accounting Bulletin (SAB) 104/116: Shows SEC's historical and current stance on revenue recognition.

   • URL: https://www.sec.gov/interps/account/sab104.htm (This links to SAB 104, which is relevant to the historical context mentioned in the search results regarding SEC guidance. While SAB 116 supersedes some aspects, SAB 104 outlines fundamental principles the SEC applied. It is mentioned as background for the new standards). Self-correction: SAB 104 is superseded by SAB 116 regarding ASC 606 adoption. I should find a more current SEC link or a direct FASB link. Let me check the SEC.gov site for current guidance that's not superseded. The previous search also mentioned SAB 116. Let me try to find a direct link to SAB 116 or a general SEC page on revenue recognition.
   • New search strategy for SEC link: "SEC guidance revenue recognition" or "SEC Staff Accounting Bulletin 116".
   • From search results: Result⁹ mentions "SEC conforms staff guidance to new FASB revenue recognition rules" and mentions SAB 116. Result⁸ links to SEC.gov/interps/account/sab104.htm which is "Codification of Staff Accounting Bulletins - Topic 13: Revenue Recognition". This page still contains relevant general principles. I'll use this as it directly from SEC.gov and discusses general revenue recognition principles. I will ensure to mention the evolution of these rules in the article.
   • Revised External Link 3: https://www.sec.gov/interps/account/sab104.htm (Still useful as it outlines general principles the SEC follows/followed, even with ASC 606 in place for specifics. It discusses the "realized or realizable and earned" concept).⁶, ⁷

4. Enron Scandal (as an example of revenue misuse): This is a strong historical example.

   • URL: https://www.investopedia.com/terms/e/enron.asp (Investopedia is generally reliable for historical financial events and is widely accessible).

Now, I will build the LINK_POOL and then write the article.

LINK_POOL (Hidden Table - not in output):

Internal Links (15):

1. Income Statement
2. Balance Sheet
3. Cash Flow Statement
4. Gross Revenue
5. Net Revenue
6. Cost of Goods Sold
7. Operating Expenses
8. Profit Margin
9. EBITDA
10. Financial Ratios
11. Accounts Receivable
12. Sales
13. Financial Performance
14. Accrual Accounting
15. Generally Accepted Accounting Principles (GAAP)

External Links (4):

1. FASB ASC 606
2. IFRS 15
3. SEC Staff Accounting Bulletin 104
4. Enron Scandal

All set to write the article.¹, ²³, ⁴⁵