Vad är problemet?
? En studie kring intäktsredovisning i IT-konsultföretag
Revenue recognitionPercentage of completion methodIT-consultant companyIAS 18RR11BFNAR 2003:3IntäktsredovisningSuccessiv vinstavräkningIT-konsultföretagIAS 18RR11BFNAR:2003
Title: What´s the problem? - A study of revenue recognition in IT-consultant companiesProblem: How do the chosen IT-consultant companies recognize their revenues? What difficulties do the interviewed companies experience in connection with the revenue recognition?Purpose: The purpose of this empirical study is to study how companies in the IT-consultant industry recognize revenues, and to investigate if the companies perceive any difficulties in connection with the revenue recognition. The aim of the study is to give useful advice and guidelines to companies in the IT-consultant business based on the extracted result. Method: The survey took place in Vasteras and started with a preliminary interview with a certified accountant, who had great knowledge of the subject revenue recognition. Then seven companies from the IT-consultant industry were selected, whereof two took part in semi constructed interviews. Study of the other five companies? ways to recognize revenue was made through their annual reports. Conclusion: One of the studied companies recognizes their revenues according to the rules in IAS 18, which is because it is listed on the stock exchange. The other companies uses BFNAR 2003:3, none of the studied objects administer RR 11. The most obvious difficulty that have been discovered is the situation where a service covers more than one accounting periods. The question then is; when should revenue be recognized?Our advice to newly established companies is; choose the framework most suitable for the business, recognize revenues in the period they occur, design an efficient model, recruit ?the right person for the right job?.