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Postal codes: USA: 81657, Canada: T5A 0A7

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What does VSOE stand for?

Vendor-Specific Objective Evidence (accounting/contracting)


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This definition appears very rarely and is found in the following Acronym Finder categories:

  • Military and Government
  • Business, finance, etc.

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Link/Page Citation...

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Vrij Syndicaat voor het Openbaar Ambt
Vector Short-Open Calibration
Venus-Express Science Operations Centre (European Space Agency)
Very Superior Old Cars (est. 1992; Sassenheim, Netherlands)
Virago Star Owners Club (motorcycle owners' club; UK)
Virtual Security Operations Center (Boeing)
Vision System on Chip
Voluntary Service Overseas Canada (Ottawa, Ontario, Canada)
Vegetarian Society Of DFW (Dallas/Fort Worth, TX)
Victim Sensitive Offender Dialogue (various locations)
Venice Simplon-Orient-Express
Viterbi School of Engineering (University of Southern California)
Viveka School of Excellence
Visual Status of Funds
Vertical Service Ordering Guidelines
VSOP (VLBI (Very Long Baseline Interferometry) Space Observatory Program) Science Operations Group
Vanguard Saga of Heroes (game)
Vitellogenin-Stimulating Ovarian Hormone
Visual Satellite Observer's Home Page (website)
Virginia Standards of Learning

Samples in periodicals archive:
If contract accounting does not apply, the vendor must account for the revenue from each of the various products based on vendor-specific objective evidence of fair values, regardless of any separate prices stated within the contract for each element.
According to SOP 97-2, if an arrangement includes multiple elements, the fee should be allocated to the various elements based on vendor-specific objective evidence of fair value, regardless of any separate prices stated within the contract for each element.
Specifically, SOP 98-4 deferred the second sentence of paragraph 10 in SOP 97-2, which limits vendor-specific objective evidence (VSOE) of the fair value of the various elements in a multiple-element arrangement to (a) the price charged when the same element is sold separately or (b) for an element not yet being sold separately the price established by management having the relevant authority.
Remaining in the final statement is a paragraph calling for vendor-specific objective evidence for the allocation of revenue to the various elements of the arrangement based on vendor-specific objective evidence of the fair value of the elements.

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