CFO Revenue Recognition Decision Record
A structured record for documenting revenue-recognition judgments, evidence, approvals, and changes under the applicable accounting guidance.
Audience: CFO, Controller, Revenue accounting, Audit committee · Updated: 2026-08-11
Identify the contract and evidence
Record the executed agreement, amendments, enforceable rights, payment terms, collection considerations, and the accounting period covered by the analysis.
Document performance obligations
Identify the promised goods and services, the reasoning for whether they are distinct, and the evidence supporting any combination or separation judgment.
Record price and allocation judgments
Document fixed and variable consideration, constraints, significant financing considerations, noncash consideration, standalone selling prices, and the allocation method.
Define recognition and change controls
State whether each obligation is satisfied over time or at a point in time, the selected progress measure, source data, approval owner, reassessment triggers, and disclosure implications.
- Recognition trigger
- Progress measure
- Source-system evidence
- Management review
- Contract modification process
- Disclosure owner
Primary sources
- Revenue Recognition ImplementationFinancial Accounting Standards Board
- Staff Accounting Bulletin No. 104U.S. Securities and Exchange Commission
This guide is educational and does not replace accounting, legal, security, employment, regulatory, or audit advice.