Stored Value Breakage and Revenue Recognition: Setting The Record Straight

  • Posted On: June 28, 2017

IMS has noticed increasing confusion among its customers and prospective customers regarding the revenue recognition of prepaid value, gift cards, gift certificates, and other types of stored value breakage.

Because of this confusion, IMS has developed a Point-of-View Brief to highlight key factors for breakage revenue recognition consideration.

Click here to read the full brief STORED VALUE BREAKAGE: SETTING THE RECORD STRAIGHT

IMS does not offer financial nor legal advice and recommends customers consult their respective counsel for the revenue recognition method that meets their specific situation.

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IMS is a technology services company that has been serving the Retail Industry for over 25 years. While we specialize in serving small/medium businesses, we have also completed projects on some of the world’s biggest stages. We help businesses efficiently manage operations by improving processes, implementing unique and comprehensive integrations, and providing additional sources of data intelligence. We believe that by providing businesses with the tools, technology and insights needed to gather and analyze their data more effectively, we can help them create a competitive advantage.

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