This course is meant to complement the course that evaluates all aspects of the five steps to revenue recognition. The course "Understanding the new revenue recognition rules" examines the five-step model outlined in the standard that organizations must utilize when recognizing revenue. The new standard applies to all companies.
DESIGNED FOR
Accountants, Finance Professionals, Auditors, Internal Auditors
BENEFITS
- Explore requirements behind step two of the revenue recognition standard performance obligations
- Identify the differentiation between distinct and non-distinct goods/ services
- Examine examples of both distinct and non-distinct goods/services
- Identify how to measure progress over a period of time
- Identify how to recognize revenue over a period of time
- Explore the processes used for intellectual property
- Test your knowledge examples
HIGHLIGHTS
- Revenue Recognition
- Accounting
PREREQUISITES
Revenue Recognition Overview
ADVANCE PREPARATION
None