Revenue recognition change
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Filing comparison
APPFOLIO INC changed its revenue recognition disclosure
Many of our contracts with customers contain multiple performance obligations.
Evidence
- New language
- Many of our contracts with customers contain multiple performance obligations., Determining whether products and services are considered distinct performance obligations that should be accounted for separately versus together may require judgment., We account for individual performance obligations separately if they are distinct.
- Prior filed
- 2025-02-06
- Prior form
- 10-K
- Similarity
- 0.591
- Source
- revenue recognition note comparison
- Threshold
- 0.6
- Why
- The revenue recognition policy disclosure changed materially from the previous comparable filing.
Language present now, absent from the prior filing:
- Many of our contracts with customers contain multiple performance obligations.
- Determining whether products and services are considered distinct performance obligations that should be accounted for separately versus together may require judgment.
- We account for individual performance obligations separately if they are distinct.