Course Overview
- Course Title: Revenue Recognition under IFRS 15 & ASC 606
- Instructor: Financial Analysts
- Target Audience:
- Accounting and finance professionals
- Auditors
- Controllers
- Business managers
- Prerequisites:
- Basic accounting knowledge
- Understanding of financial statements
Curriculum Highlights
- Key Topics Covered:
- Five-Step Model for revenue recognition
- Identifying performance obligations
- Allocating transaction prices
- Percentage of Completion (POC) method
- Variable consideration and contract modifications
- Key Skills Learned:
- Apply the five-step framework for revenue recognition
- Analyze contracts and determine distinct performance obligations
- Allocate transaction prices to performance obligations
- Recognize revenue correctly and compliantly
- Use the Percentage of Completion (POC) method
Course Format
- Duration: 1.5 hours on-demand video
- Format: Self-paced online course
- Resources:
- 1 downloadable resource
- Access on mobile and TV
- Certificate of completion