[Verse 1] When the government collects what's due Revenue recognition has rules for you Income taxes earned when obligations rise Property taxes when the levy applies Timing matters in this fiscal game Accrual accounting keeps it all the same [Chorus] ARISE - Accrual Recognition In Systematic Events When earned not when received, that's the defense ARISE - Authority Rights Income Systematic Events Tax revenue flows when the obligation presents ARISE, ARISE, let the timing be wise ARISE, ARISE, when the legal duty applies [Verse 2] Property taxes at the lien date start When government's claim becomes legal art Sales taxes due when the transaction's made Collection timing cannot be delayed Exchange transactions need performance clear Non-exchange when authority draws near [Chorus] ARISE - Accrual Recognition In Systematic Events When earned not when received, that's the defense ARISE - Authority Rights Income Systematic Events Tax revenue flows when the obligation presents ARISE, ARISE, let the timing be wise ARISE, ARISE, when the legal duty applies [Bridge] Measurable and available too These criteria help us see it through Enforceable claim must be in place Before we recognize in this space Deferred inflows when we must wait Until conditions consummate [Verse 3] Income taxes when assessment's done Property values when the year's begun Sales and use taxes at transaction time Government levies when laws align Purpose restrictions might delay the call Until compliance satisfies them all [Chorus] ARISE - Accrual Recognition In Systematic Events When earned not when received, that's the defense ARISE - Authority Rights Income Systematic Events Tax revenue flows when the obligation presents ARISE, ARISE, let the timing be wise ARISE, ARISE, when the legal duty applies [Outro] Recognition principles guide the way For all tax revenues day by day ARISE and shine with timing right Tax accounting done with insight
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