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 Sales Reports; Payment of Royalties Sample Clauses 2019-2025

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[Music] thought leadership from PWC welcome to pwc's accounting podcast I'm Heather horn thanks for tuning in to the next episode of our toolkit Series where we're taking a deep dive each month into a single topic recapping the basics but also focusing in on frequently asked questions and judgmental areas for the month of March we're all about Revenue recognition this week we're moving on to step through the revenue model determining the transaction price say an issue I I just run into a lot is when companies assume that terms that provide guarantees to the customer are automatically going to be a warranty I would say keep in mind that most contracts have some aspect of variable consideration even if it may not be explicit in the contract as you may have already guessed Angela Ferguson a PWC national office partner is here with me today she's our continuity for the month of March and today she's brought along a firsttime guest PWC

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