Examples of 'performance obligations' in a sentence
Meaning of "performance obligations"
performance obligations: In accounting, performance obligations refer to promises made by a company to deliver products or services to a customer. These obligations are considered when determining the timing and amount of revenue that can be recognized. It is an important concept in revenue recognition
How to use "performance obligations" in a sentence
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performance obligations
The performance obligations are satisfied over time.
Allocating the transaction price to performance obligations.
Identifying the performance obligations in the contract.
Determining the timing of satisfaction of performance obligations.
Performance obligations satisfied over time.
Delays in meeting its performance obligations.
Performance obligations satisfied at a point in time.
Recognize revenue when the performance obligations are met.
Performance obligations over the next twelve months.
Separation of contracts into performance obligations.
Identify the performance obligations criteria in the contract.
Transaction price allocated to the remaining performance obligations.
Our ability to meet performance obligations under our contracts.
They are generally used to guarantee financial obligations or contractual performance obligations.
The next is to identify the performance obligations in the contract.
See also
The contract transaction price is split over the different performance obligations.
Satisfaction of performance obligations.
Determining the transaction price and the amounts allocated to performance obligations.
Revenue resulting from such performance obligations is to be recognized as a single performance obligation.
Allocating the transaction price to the satisfied and unsatisfied performance obligations.
It may cover performance obligations by the exporter or payment obligations by the buyer.
Identifying separate performance obligations.
Performance obligations related to other contracts:.
Disclosure of remaining performance obligations.
Sales targets are performance obligations which commence once market entry has occurred.
This step requires an entity to identify all distinct performance obligations in an arrangement.
However, putting performance obligations such as these in an assignment is a challenge.
An entity shall disclose the following information about its remaining performance obligations.
The remaining unsatisfied performance obligations will be recognized over the next two years.
Restrictions, meeting privacy and performance obligations.
Their appointments and performance obligations remained the minister 's responsibility.
Step 4 is to allocate the transaction price to the performance obligations.
This ASU clarifies guidance on identifying performance obligations and the licensing of intellectual property rights.
User is directly responsible for any orders submitted included related fees, charges and performance obligations.
The Publisher is not bound by any performance obligations pertaining to Website availability.
October - Allocating the transaction price to separate performance obligations.
The performance obligations and the right to payment under the L / C remain with the exporter.
Allocate the transaction price to the performance obligations in the contract ;.
Performance obligations satisfied ( or partially satisfied ) in previous periods.
If goods or services are distinct in nature, the performance obligations will be accounted separately.
Step 5, Recognizing revenue when the entity satisfies the performance obligations.
Identify separate performance obligations in the contract(s).
IFRS 15 does not distinguish products from services, but rather defines performance obligations that encompass both.
This differs from the remaining performance obligations as defined by IFRS 15.
Telecommunications ( with link to example, Identifying individual performance obligations and allocating transaction price ).
Step 2, Identify the performance obligations in the contract ;.
The transaction price and the amounts allocated to performance obligations see paragraph 126.
Step 5, Recognize revenue when performance obligations are satisfied.
Step 2, Identify the contract 's performance obligations.
Of Completion of the Supplier 's performance obligations under the.
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