Accounting Revenue
/ˈæk.aʊn.tɪŋ ˈrɛv.ə.nuː/
Definitions
- (n.) The total income recognized by a business from its normal operations, recorded pursuant to applicable accounting standards.
The company's accounting revenue increased significantly in the last fiscal year.
Forms
- accounting revenue
- accounting revenues
Related terms
See also
Commentary
In legal and financial contexts, precise recognition and measurement of accounting revenue is critical for compliance with regulations and contractual obligations.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.