Discuss Some of the Major International Efforts to Address Sustainability

question 14

Essay

Discuss some of the major international efforts to address sustainability since the mid-1980's. How have population issues been integrated into these sustainability efforts?

Understand the principles and applications of the percentage-of-completion method and completed contract method in revenue recognition.

Recognize the role of payments, including interest and progress payments, in the accounting for installment sales and construction contracts.

Identify criteria for revenue recognition, including the earned, realized, or realizable, and the critical event and measurability criteria.

Understand the accounting treatments for losses on long-term contracts and special revenue recognition cases such as franchise fees and bundled sales transactions.