Cost of Mold Removal. People often email to ask us about the cost of mold removal. If youâve discovered mold in your home, youâre probably concerned for the health of your family, but you may also be worried about how youâre going to pay the mold remediation costs.
The answers are not found in a book, a software program or a handout from a presentation. What I can tell you is that revenue integrity is the focus on processes to prevent revenue loss and/or scrutiny from external sources (think OIG - Yikes!).
For example, a sales expense should be recorded in the same accounting period that sales income was made. The revenue recognition principle addresses the manner in which revenue, or income, is recognized. This standard requires that revenue be reported on the income statement in the period in which it is earned.