This is a group assignment. The full assignment is below, but I’m only responsible for writing the following:
Team member 4 – Article 3 – List areas of accounting complications for Saas revenue recognition
The companies we have chosen to research are Netflix and Salesforce.
Project: The project is intended to provide you with the opportunity to more fully explore Revenue Recognition for SaaS companies, as well as examine it from a more empirical perspective. The paper should be approximately 8-10 pages in length (not including a cover page or references). It should consist of at least 3 empirical research articles from reputable aging journals (acceptable journals include: Journal of Accountancy, Journal of International Accounting Research, and Journal of Accounting Research are few examples. The paper should be written in APA style. This is a group project, 4-5 students per group.
1.Find and review articles about revenue recognition policy for SaaS companies.
2.Your work should include the following:
•briefly explain what SaaS is
•explain current US GAAP approach for SaaS revenue recognition
•list any areas of accounting complications for SaaS revenue recognition
•find a couple of SaaS companies and explain how they apply GAAP to revenue recognition.
3.You may use as many extra review articles or other empirical articles as you would like.
Please use general format guidelines listed below. Charts, graphs, tables, etc. should be included in the appendix (or appendices, if you have more than one).
General guidelines:
•1-inch margins on the top, bottom, and sides.
•The first word in every paragraph should be indented one-half inch.
•APA recommends using Times New Roman font, size 12.
•Double space the entire paper.
