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.