The significant reactions of the capital market to changes in companies' revenue lead to the demand, from an economic perspective as well, for relevant accounting standards to be designed to be resistant to manipulation. Christian Herold examines the conditions under which manipulation of financial reporting can occur. In this context, incentives derived from human behavior and institutional frameworks play a central role. The focus is on revenue recognition standards according to US GAAP, IFRS, and HGB. Through numerous examples, the author demonstrates a failure of standards that can be addressed by a fundamental orientation towards principles-based or rules-based standards. The work offers numerous suggestions for the specification of standards and extensive disclosure requirements to prevent manipulation of revenue or to make it easily recognizable for the financial statement users.