IndigoLearn

Forums

Back

Revenue

Accountancy

What is the difference between revenue recognized and revenue realized? Basically I want to know the meaning of recognize and realize in accounting language.

Ratnasri N

CA Foundation

★ 0

17-Apr-22 02:04

347

Answers (4)

Recognised refers to something like accrued revenue. Realised is actual realisation of revenue.

Shankari C

CA Inter

★ 3K+

17-Apr-22 12:58

Shankari C

Recognised refers to something like accrued revenue. Realised is actual realisation of revenue.

Means recognised is identified and realised is what received ?

Thread Starter

Ratnasri N

CA Foundation

★ 0

17-Apr-22 20:26

Yes recognised means you didn't get it now but in future you will get that And realised means what you have got now

niriksha jain

CA Inter

★ 32K+

18-Apr-22 07:14

Thread Starter

Ratnasri N

Means recognised is identified and realised is what received ?

Yes. You are correct. Accrued or recognised is earned but not received.

Shankari C

CA Inter

★ 3K+

18-Apr-22 08:55

Your Reply

IndigoLearn

Helping students crack CA, CFA & ACCA since 2017. 14,000+ students have trusted us for the best CA,CFA, ACCA online classes. Learn from the best CA, CFA faculty, access top-quality content and clear your exams with confidence

IndigoLearn

Revenue

Your Reply

Company

Information

Offerings