It may not be possible to calculate the [...] of differences between particular companies’ revenue recognition policies and estimates.
Answer
monetary effect
If you want to change selection, open original toplevel document below and click on "Move attachment"
Parent (intermediate) annotation
Open it Although it may not be possible to calculate the monetary effect of differences between particular companies’ revenue recognition policies and estimates, it is generally possible to characterize the relative conservatism of a company’s policies and t
Original toplevel document
3.3. Implications for Financial Analysis estimates. In order to analyze a company’s financial statements, and particularly to compare one company’s financial statements with those of another company, it is helpful to understand any differences in their revenue recognition policies. <span>Although it may not be possible to calculate the monetary effect of differences between particular companies’ revenue recognition policies and estimates, it is generally possible to characterize the relative conservatism of a company’s policies and to qualitatively assess how differences in policies might affect financial ratios.
<span><body><html>
Summary
status
not learned
measured difficulty
37% [default]
last interval [days]
repetition number in this series
0
memorised on
scheduled repetition
scheduled repetition interval
last repetition or drill
Details
No repetitions
Discussion
Do you want to join discussion? Click here to log in or create user.