This article examines the change in the revenue recognition model in Russian accounting following the introduction of FASB 9/2025 «Revenue.» It is demonstrated that the shift from a focus primarily on the legally recorded transfer of ownership to the criterion of transfer of control does not entail a specific change in accounting techniques, but rather a revision of the very logic of generating information about an organization’s financial and economic activities. It is demonstrated that the new model aligns Russian regulation with the approach of IFRS 15, under which revenue reflects the transfer of promised goods or services to a customer in the amount of consideration to which the organization expects to be entitled. It is substantiated that the implementation of the control model impacts the timing of revenue recognition, the distribution of income and profit between reporting periods, the requirements for accounting policies, the content of professional judgment, and the analytical interpretation of financial statements. A comprehensive methodology for applying professional judgment in determining the timing of revenue recognition is proposed, and areas for improving the accounting policies of organizations under FASB 9/2025 are discussed.
M. Mikheev (Fri,) studied this question.