Changes to the accounting standards

Assignment Help Business Management
Reference no: EM132345452

The primary business activity of Con Pewter Ltd is developing accounting software packages. Con Pewter charges $2,000 as installation fees and a separate twoyear technical support service for $1000. Otherwise, it also offers a combined goods and services contract which includes both elements for $3,400. Payment does not become outstanding until after 1 month of the accounting package being installed. The accounting team is uncertain as to how revenue should be recognised in the books post the changes to the accounting standards. Your advice on this matter would be greatly appreciated.

Reference no: EM132345452

Questions Cloud

Receive constructive feedback on performance : Anyone can give some examples how often should my employees receive constructive feedback on their performance.
Updating individual and team development plans : What is the importance of developing, regularly reviewing and updating individual and team development plans?
Overseeing the management of probationary employees : Overseeing the management of probationary employees and providing them with feedback until their employment is confirmed or terminated is vital.
Describe how the attack works in your own words : How did the enterprises with vulnerable programs or hardware respond to the disclosure? Describe how this attack works in your own words.
Changes to the accounting standards : The accounting team is uncertain as to how revenue should be recognised in the books post the changes to the accounting standards.
Explain main differences between primary and secondary group : Describe characteristics of primary and secondary groups and how these groups function in society. Explain main differences between primary and secondary groups
How a company can have positive net income--perhaps : Who can explain how a company can have positive net income--perhaps even outstanding earnings--for a month or quarter but have negative cash flow?
Describe payment card industry data security standard : In 500 words or more, explain PCI compliance to the database administrator at a large retailer. Consider the consequences for non-compliance.
Analyse effective change management in organisations : Experiment and develop personal initiative and responsibility in undertaking complex investigations in the solving of organisational problems and issues

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd