Vendor-Specific Objective Evidence

Acronym

Definition

VSOE

Vendor-Specific Objective Evidence (accounting/contracting)

VSOE

Venice Simplon-Orient-Express

VSOE

Viterbi School of Engineering (University of Southern California)

VSOE

Viveka School of Excellence

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If contract accounting does not apply, the vendor must account for the revenue from each of the various products based on vendor-specific objective evidence of fair values, regardless of any separate prices stated within the contract for each element. Heads, it's revenue: why companies struggle to comply with revenue ... by Olsen, Curtiss / California CPA According to SOP 97-2, if an arrangement includes multiple elements, the fee should be allocated to the various elements based on vendor-specific objective evidence of fair value, regardless of any separate prices stated within the contract for each element. Revenue Recognition on Sales 0f Software: 97-2 + 98-9 The Solution by MUNTER, PAUL; RATCLIFFE, THOMAS A. / The National Public Accountant Specifically, SOP 98-4 deferred the second sentence of paragraph 10 in SOP 97-2, which limits vendor-specific objective evidence (VSOE) of the fair value of the various elements in a multiple-element arrangement to (a) the price charged when the same element is sold separately or (b) for an element not yet being sold separately the price established by management having the relevant authority. SOP 97-2 may be modified by Journal of Accountancy	VEMAP VEMASID VEMASS VEMAT VEMD VEME VEMEA VEMF VEMIS VEMM VEMMI VEMMIS VEMMS VEMN VEMP VEMPS VEMS VEMSO VEMT VEMUR VEN VENA VENALUM VENC VENCorp Vendor-Specific Objective Evidence VENDREP VENE VENET VENEX VENGER VENICE VENIN VENIVA VENK VENM VENO VENOM VENP VENR VENS VENSA VENT VENTEX VENTID-C VENTSY VENUS VEO VEO2 VEOA VEOC	Vendor Single Interest Vendor Specific Network Protocol Vendor Specific Option Vendor Stock Replenishment Vendor Supplied Driver Vendor Supplied Software Vendor Survey Vendor Take Back Vendor Technical Guidance Vendor Technology Assessment Vendor Test Data Report Vendor to Advise Vendor to Confirm Vendor to Vendor Vendor Trial Testing Vendor Trust Fund Vendor Turn Time Vendor's lien Vendor's lien Vendor's Shipping Document Vendor-Independent Messaging Vendor-Neutral Archive Vendor-Specific Attribute Vendor-Specific Authentication Protocol Vendor-Specific Information Field Vendor-Specific Objective Evidence Vendor/Representative Vendors Vendors Vendors Vendors Vendors in Good Standing Vendors' ISDN Association Vendredi Vendredi Samedi Dimanche VENDREP Vendryes, Joseph vends vends Vendsyssel-Thy vendue vendue Vendue master vendues vendues VENE VENE VENE vene- Venearal wart Venearal wart venectasia venectomy venectomy Venecuela Venecuela

References in periodicals archive

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If contract accounting does not apply, the vendor must account for the revenue from each of the various products based on vendor-specific objective evidence of fair values, regardless of any separate prices stated within the contract for each element.

Heads, it's revenue: why companies struggle to comply with revenue ... by Olsen, Curtiss / California CPA

According to SOP 97-2, if an arrangement includes multiple elements, the fee should be allocated to the various elements based on vendor-specific objective evidence of fair value, regardless of any separate prices stated within the contract for each element.

Revenue Recognition on Sales 0f Software: 97-2 + 98-9 The Solution by MUNTER, PAUL; RATCLIFFE, THOMAS A. / The National Public Accountant

Specifically, SOP 98-4 deferred the second sentence of paragraph 10 in SOP 97-2, which limits vendor-specific objective evidence (VSOE) of the fair value of the various elements in a multiple-element arrangement to (a) the price charged when the same element is sold separately or (b) for an element not yet being sold separately the price established by management having the relevant authority.

SOP 97-2 may be modified by Journal of Accountancy