Revenue Recognition Principle in German, French, Spanish & Italian

What does Revenue Recognition Principle mean?

The accounting principle that revenue should be recorded when it is earned, regardless of when the cash is received.

Revenue Recognition Principle in a sentence

According to the revenue recognition principle, revenue is recorded when it is earned, not when cash is received.

German

Realisationsprinzip

Grundsatz, dass Umsätze erst bei Leistungserbringung gebucht werden.

French

Principe de reconnaissance des revenus

Règle comptable fixant le moment où un produit doit être comptabilisé.

Spanish

Principio de reconocimiento de ingresos

Norma que establece que los ingresos se registran cuando se realiza la venta.

Italian

Principio della competenza dei ricavi

Criterio che stabilisce il momento della rilevazione dei ricavi nel bilancio.