“You need to evaluate whether you’re paying for a distinct good or service…If not, then that payment is a reduction of revenue.”
Mike Coleman · PwC's accounting podcast · Software costs and revenue recognition in the age of AI
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20:12
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What was described
Assess whether a payment to a counter-party who is also a customer should be treated as revenue reduction or as consideration for a distinct good/service.
Said nearby on the same subject
“Vavilov should be adopted as the governing framework for reasonableness review... Kayla answered whether reasonableness review applies. Vavilov answers how it should be conducted.”
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Said on Supreme Court of Canada Hearings (English Audio)
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