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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 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.
Find and review articles about the revenue recognition policy for SaaS companies.Your work should include the following:
Question 1: briefly explain what SaaS is
Question 2: explain the current US GAAP approach for SaaS revenue recognition
Question 3: list any areas of accounting complications for SaaS revenue recognition
Question 4: find a couple of SaaS companies and explain how they apply GAAP to revenue recognition.
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