Abstract:
Revenue is an important component in presenting information in the income statement. A major issue in revenue is that it is necessary to recognize the revenue at the right time, and the recognized amount also must be measured precisely and accurately to prevent errors in the information presented as well as in decision making. This research aims to know whether the recognition and measurement method of revenue according to PSAK No. 23 have been applied by PT. Robert Bosch. The research is a qualitative research using primary data and secondary data. PT. Robert Bosch applied accrual basis method which is revenue is recognized at the time of the transactions even though the cash has not been received. Moreover, revenue measurement is based on the fair value of the benefits received or to be received by the company.
