The expression 'recognizes revenue' is correct and usable in written English.
You can use it to describe the process of formally acknowledging income or sales after they have been completed. For example: "The company recognizes revenue when services have been successfully rendered."
An accounting method that recognizes revenue when it is earned, not when the cash is received.
The younger Mr. Thompson said the company has made an accounting change affecting when Acxiom recognizes revenue.
The Securities and Exchange Commission has subpoenaed information about Cardinal's financial practices, including how it recognizes revenue, the company said in June.
Under the pro forma accounting method, Computer Associates recognizes revenue a little at a time over the life of a software license contract, whatever its length.
Virbac, which is based in Fort Worth, said in its 2002 financial regulatory filing that it recognizes revenue when ownership transfers at the time of shipment.
The company's results were hurt by losses at the Bailey Banks & Biddle chain, which it is selling, and the way it recognizes revenue from jewelry warranties.
The company now recognizes revenues in a more conservative way than it formerly did.
Merrill's support for I.B.M. came nine days after the company disclosed that its accounting -- specifically how it recognizes revenues -- is the subject of a formal investigation by the Securities and Exchange Commission.
Using the last method, Zynga recognizes revenues from consumable virtual items like energy immediately and revenues from durable ones like tractors over the time a player is projected to stick with a game.
These include the cash method of accounting, in which a business recognizes revenues and expenses when the money changes hands, rather than when the deal is struck, which is a more complex type of accounting known as the accrual method.
Companies must also make assumptions as to how and when to recognize revenue.
