When will I have access to the lectures and assignments?

To access the course materials, assignments and to earn a Certificate, you will need to purchase the Certificate experience when you enroll in a course. You can try a Free Trial instead, or apply for Financial Aid. The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.

What will I get if I purchase the Certificate?

When you purchase a Certificate you get access to all course materials, including graded assignments. Upon completing the course, your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile.

Is financial aid available?

Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.

Master Revenue Recognition with IFRS 15 & ASC 606

4 days left! Save on skills that make you shine with 40% off 3 months of Coursera Plus. Save now

Master Revenue Recognition with IFRS 15 & ASC 606

Instructor: EDUCBA

Included with

Learn more

3 modules

Gain insight into a topic and learn the fundamentals.

15 reviews

8 hours to complete

Flexible schedule

Learn at your own pace

3 modules

Gain insight into a topic and learn the fundamentals.

15 reviews

8 hours to complete

Flexible schedule

Learn at your own pace

What you'll learn

Define revenue recognition principles under IFRS 15 & ASC 606.
Analyze contracts, obligations, and modifications in reporting.
Apply recognition methods to industry-specific case studies.

Skills you'll gain

Details to know

Shareable certificate

Add to your LinkedIn profile

Assessments

12 assignments

Taught in English

See how employees at top companies are mastering in-demand skills

Learn more about Coursera for Business

logos of Petrobras, TATA, Danone, Capgemini, P&G and L'Oreal

There are 3 modules in this course

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.

Module details

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.

What's included

13 videos4 assignments

13 videosTotal 79 minutes

Introduction to Revenue Recognition6 minutes
Basis of Accounting8 minutes
Revenue Recognition Principle5 minutes
Revenue Recognition Principle Continues8 minutes
Revenue Recognition5 minutes
Advances6 minutes
Timing of Recognition7 minutes
Timing of Recognition Continues6 minutes
Working on Example 211 minutes
Working on Example 37 minutes
Working on Example 42 minutes
Working on Example 54 minutes
Working on Example 63 minutes

4 assignmentsTotal 60 minutes

Core Principles and Concepts10 minutes
Timing and Practical Applications10 minutes
Worked Examples and Methods10 minutes
Graded-Foundations of Revenue Recognition30 minutes

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.

What's included

12 videos4 assignments

12 videosTotal 78 minutes

Recognize Revenue Interest and Loyalty8 minutes
Percentage of Completion Method8 minutes
Revenue Recognition Method2 minutes
Revenue Operating Cycle5 minutes
Franchise3 minutes
Working on Example 711 minutes
Example 7 Continues2 minutes
Installment Sales2 minutes
Working on Example 98 minutes
Working on Example 108 minutes
Working on Example 119 minutes
Impact of IFRS 1512 minutes

4 assignmentsTotal 60 minutes

Specialized Revenue Methods10 minutes
Franchises and Installments10 minutes
Case Examples and IFRS Impact10 minutes
Graded-Advanced Methods and Industry Applications30 minutes

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.