• views: 107
• date: 7 November 2023
• posted by: voska89

What you'll learn
The course gives a detailed overview on recognizing revenue
It explains as to how an entity meets the requirements for recognition and measurement, impairment, de-recognition of revenue while maintaining their financials
learn revenue recognition, their basis of accounting, revenue recognition principle, advances, timing of recognition, various methods to recognize revenue
This training is in line with the IFRS standards
Requirements
Passion to Learn, Interest in finance and accounting, Basic knowledge of accounting terms and concepts
Description
The course gives a detailed overview on recognizing revenue. It explains as to how an entity meets the requirements for recognition and measurement, impairment, de-recognition of revenue while maintaining their financial statements.We look at the revenue recognition, their basis of accounting, revenue recognition principle, advances, timing of recognition, various methods to recognize revenue, revenue operating cycle etc.This training is in line with the IFRS standards. IFRS refers to the International Financial Reporting Standards, which are designed as a common global language for business to ensure that accounts are both understandable and comparable on a global basis with a set of uniformity in them. As the international shareholding and trade are growing, there's a dire need of reporting standards which deal with organizations on a global level.All the concepts are explained extensively by the use of various case studies for the purpose of deep and insightful understanding.The training includes the following:IntroductionBasis of accountingRevenue Recognition PrincipleAdvancesTiming of RecognitionExamplesMethods to recognize revenueRevenue operating CycleFranchiseThis course provides a detailed overview of 5 step revenue recognition model, the disclosures related to it. All the concepts are explained extensively by the use of various case studies for the purpose of deep and insightful understanding. Through this training we are focusing specifics Transactions and the process of revenue recognition, its model with examples.
Overview
Section 1: Introduction
Lecture 1 Introduction to Revenue Recognition
Section 2: Basis of Accounting and Revenue Recognition
Lecture 2 Basis of Accounting
Lecture 3 Revenue Recognition Principle
Lecture 4 Revenue Recognition Principle Continues
Lecture 5 Revenue Recognition
Lecture 6 Advances
Lecture 7 Timing of Recognition
Lecture 8 Timing of Recognition Continues
Section 3: Example
Lecture 9 Working on Example 2
Lecture 10 Working on Example 3
Lecture 11 Working on Example 4
Lecture 12 Working on Example 5
Lecture 13 Working on Example 6
Section 4: Method
Lecture 14 Recognize Revenue Interest and Loyalty
Lecture 15 Percentage of Completion Method
Lecture 16 Revenue Recognition Method
Lecture 17 Revenue Operating Cycle
Lecture 18 Franchise
Lecture 19 Working on Example 7
Lecture 20 Example 7 Continues
Lecture 21 Installment Sales
Lecture 22 Working on Example 9
Lecture 23 Working on Example 10
Lecture 24 Working on Example 11
Lecture 25 Impact of IFRS 15
Lecture 26 Impact of IFRS 15 Continues
Section 5: Recognize Revenue
Lecture 27 Recognize Revenue
Lecture 28 Recognize Revenue Continue
Lecture 29 Working on Example 12
Lecture 30 Working on Example 13
Lecture 31 Working on Example 14
Lecture 32 IFRS vs US GAAP
Section 6: Telecom
Lecture 33 Revenue Recognition Telecom
Lecture 34 Revenue of Telecom Companies
Lecture 35 Contract Modification
Lecture 36 Contract Modification Continues
Lecture 37 Incentives Offered and Set Boxes
Students,Professionals (majorly Accountants, Auditors, Accounting Consultants, and Chartered Financial Analysts etc.) who want to excel in global organizations by learning about global standards that ply in their working.,Anyone who wants to learn about International Financial Reporting Standards and improve the knowledge about the working of organizations on a global level.


Homepage

https://www.udemy.com/course/revenue-recognition-management/

   
   
   

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