REVENUE RECOGNITION COMPLIANCE CHECKLIST

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--- CONTRACT REVIEW & IDENTIFICATION ---
[ ] Contract Execution Date
[ ] Contract Reference Number
[ ] Contract Type (Service Agreement, Software License, Subscription (SaaS), Hardware Sale, Professional Services)
[ ] Identified Performance Obligations (Software License Delivery, Implementation Services, Ongoing Maintenance/Support, Training Sessions, Hardware Delivery)
[ ] Summary of Contract Terms & Conditions
[ ] Upload Signed Contract (PDF)
[ ] Reviewer Verification

--- PERFORMANCE OBLIGATION ASSESSMENT ---
[ ] Contract Type (Goods Only, Services Only, Hybrid (Goods & Services), Subscription/SaaS)
[ ] Identified Performance Obligations (Product Delivery, Installation Services, Training/Onboarding, Maintenance/Support, Licensing/Software Access)
[ ] Description of Distinct Goods or Services
[ ] Date of Obligation Identification
[ ] Assessment of Separability
[ ] Supporting Contract Analysis Document

--- TRANSACTION PRICE DETERMINATION ---
[ ] Total Contract Value
[ ] Estimated Variable Consideration
[ ] Currency Type (USD, EUR, GBP, Other)
[ ] Price Adjustments Included (Discounts, Rebates, Refund Liabilities, Service Credits)
[ ] Calculation Methodology Notes
[ ] Supporting Pricing Documentation
[ ] Reviewer Approval

--- ALLOCATION OF TRANSACTION PRICE ---
[ ] Stand-alone Selling Price (SSP) per Obligation
[ ] Total Allocated Transaction Price
[ ] Allocation Method Used (Adjusted Market Assessment Approach, Expected Cost Plus Margin Approach, Residual Approach, Direct Observable Price)
[ ] Allocation Methodology Justification
[ ] Supporting Calculation Spreadsheet
[ ] Allocation Approval Date
[ ] Controller/Manager Approval

--- REVENUE RECOGNITION TIMING ---
[ ] Recognition Method (Point in Time, Over Time)
[ ] Performance Obligation Completion Date
[ ] Revenue Start Date
[ ] Revenue End Date
[ ] Justification for Recognition Method
[ ] Supporting Proof of Delivery/Service
[ ] Controller Approval

--- DOCUMENTATION & EVIDENCE COLLECTION ---
[ ] Contract Execution Date
[ ] Signed Contract/Agreement Upload
[ ] Proof of Delivery/Service Completion
[ ] Included Supporting Documents (Purchase Order, Bill of Lading, Certificate of Completion, Customer Acceptance Email)
[ ] Reference Number/ID
[ ] Reviewer Verification Signature

--- DATA INTEGRITY & SYSTEM RECONCILIATION ---
[ ] Reconciliation Completion Date
[ ] Total Revenue Amount Reconciled
[ ] Sub-ledger Modules Verified (Accounts Receivable, , Billing/Invoicing, Cash Receipts)
[ ] Reconciliation Report/Workpaper
[ ] Discrepancy Notes
[ ] Reviewer Authorization

--- DISCLOSURES & REPORTING COMPLIANCE ---
[ ] Reporting Period End Date
[ ] Revenue Recognition Standard Applied (IFRS 15, ASC 606, Other)
[ ] Disclosures Completed (Contract Balances Breakdown, Performance Obligation Descriptions, Significant Judgments Note, Remaining Performance Obligations (RPO))
[ ] Summary of Significant Changes in Revenue Policy
[ ] Final Disclosure Report Draft
[ ] Compliance Officer Approval

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