Comparation of new revenue standards

This new Revenue Standards was issued to prescribes the ac counting treatment for revenue arising from the following transactions and the d isclosure of relevant information by enterprises: the sale of goods; the render ing of services; and the use by others of enterprise assets. It is urgent for ac counting personnel to learn new Revenue Principles and master its essence, so as to keep pace with their updating job. This essay makes the comparison and analy sis between old and new Revenue Standards,between new Revenue Standards and The International Accounting Standards as well.After reading this essay , accountin g personnel can enhance their study and application of new Revenue Standards.