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What is Revenue Recognition at HBP about?

This document compares the projected revenue impact of changing how revenue is recognized for HMM12 contracts between the current pro forma method and a new reporting method. In 2014, revenue would be $3,510 lower under the new method, and in 2015 revenue would be $10,837 lower, as the new method recognizes a larger portion of revenue over multiple years rather than all in the initial year. Sales commissions would be slightly lower in future years under the new subscription method.

Author

techna8

Language

EN