By the end of this course, learners will be able to define revenue recognition principles, analyze timing and methods under IFRS 15 and ASC 606, compare global standards, and apply recognition techniques to real-world industry cases. Participants will evaluate contract obligations, interpret franchise and installment arrangements, and assess the impact of loyalty programs, telecom bundles, and contract modifications on financial reporting.
This course benefits accounting students, finance professionals, and auditors seeking to strengthen their understanding of revenue recognition. Unlike generic accounting tutorials, it combines practical worked examples with sector-specific applications, ensuring learners can confidently implement the five-step model in diverse contexts.
What makes this course unique is its structured blend of conceptual foundations, industry applications, and global standard comparisons. Through hands-on scenarios and applied case studies, participants gain not just theoretical knowledge but practical skills to navigate complex contracts and reporting requirements in alignment with international standards.
This module introduces the fundamental principles of revenue recognition, covering the basis of accounting, recognition criteria, timing of recognition, and worked examples. Learners will explore how advances, control transfer, and real-world case studies shape accurate financial reporting under IFRS 15 and ASC 606.
Das ist alles enthalten
13 Videos4 Aufgaben
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13 Videos•Insgesamt 79 Minuten
Introduction to Revenue Recognition•6 Minuten
Basis of Accounting•8 Minuten
Revenue Recognition Principle•5 Minuten
Revenue Recognition Principle Continues•8 Minuten
Revenue Recognition•5 Minuten
Advances•6 Minuten
Timing of Recognition•7 Minuten
Timing of Recognition Continues•6 Minuten
Working on Example 2•11 Minuten
Working on Example 3•7 Minuten
Working on Example 4•2 Minuten
Working on Example 5•4 Minuten
Working on Example 6•3 Minuten
4 Aufgaben•Insgesamt 60 Minuten
Graded-Foundations of Revenue Recognition•30 Minuten
Core Principles and Concepts•10 Minuten
Timing and Practical Applications•10 Minuten
Worked Examples and Methods•10 Minuten
Advanced Methods and Industry Applications
Modul 2•2 Stunden abzuschließen
Moduldetails
This module examines advanced revenue recognition methods such as percentage-of-completion, installment sales, and franchise arrangements. Learners will gain practical insights into how different industries apply recognition standards, including handling royalties, continuing obligations, and the impacts of IFRS 15 on financial statements.
Das ist alles enthalten
12 Videos4 Aufgaben
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12 Videos•Insgesamt 78 Minuten
Recognize Revenue Interest and Loyalty•8 Minuten
Percentage of Completion Method•8 Minuten
Revenue Recognition Method•2 Minuten
Revenue Operating Cycle•5 Minuten
Franchise•3 Minuten
Working on Example 7•11 Minuten
Example 7 Continues•2 Minuten
Installment Sales•2 Minuten
Working on Example 9•8 Minuten
Working on Example 10•8 Minuten
Working on Example 11•9 Minuten
Impact of IFRS 15•12 Minuten
4 Aufgaben•Insgesamt 60 Minuten
Graded-Advanced Methods and Industry Applications•30 Minuten
Specialized Revenue Methods•10 Minuten
Franchises and Installments•10 Minuten
Case Examples and IFRS Impact•10 Minuten
IFRS vs GAAP and Contractual Complexities
Modul 3•3 Stunden abzuschließen
Moduldetails
This module explores advanced topics in revenue recognition, including IFRS vs. US GAAP comparisons, telecom sector challenges, and contract modifications. Learners will understand how bundled contracts, incentives, and disclosures are managed within the IFRS 15 five-step framework.
Das ist alles enthalten
12 Videos4 Aufgaben
Infos zu Modulinhalt anzeigen
12 Videos•Insgesamt 67 Minuten
Impact of IFRS 15 Continues•12 Minuten
Recognize Revenue•3 Minuten
Recognize Revenue Continue•1 Minute
Working on Example 12•6 Minuten
Working on Example 13•9 Minuten
Working on Example 14•5 Minuten
IFRS vs US GAAP•4 Minuten
Revenue Recognition Telecom•3 Minuten
Revenue of Telecom Companies•6 Minuten
Contract Modification•3 Minuten
Contract Modification Continues•3 Minuten
Incentives Offered and Set Boxes•11 Minuten
4 Aufgaben•Insgesamt 60 Minuten
Graded-IFRS vs GAAP and Contractual Complexities•30 Minuten
Evolving Standards and Comparisons•10 Minuten
Industry and Sector Examples•10 Minuten
Contracts, Modifications, and Incentives•10 Minuten
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