Revenue Recognition - IFRS 15 & ASC 606
What you'll learn
- All about newly introduced Revenue Standard - IFRS 15 and ASC 606.
Requirements
- No course requirements of prerequisites
Description
This course explains and provides deeper insight into the new revenue standard, namely, "Revenue from Contracts with Customers" issued jointly by IASB and FASB as IFRS 15 and ASC 606, respectively. Delivered in a fun, user-friendly and animated video format, the complex subject becomes interesting and clear as students progress throughout the course content. The course consists of 3 main sections. The first section consisting of 5 lectures devotes each lecture to one of 5 steps of 5 step revenue recognition model. The second section delivers a quite interesting video content explaining accounting entries for types of revenue recognized over time. And the last section is all devoted to practical questions and their solutions, treatment and recognition matters of concern to wider accounting and finance audience, including but not limited to all level of accountants, finance experts and professionals, ACCA and CPA students in their pursuit of revenue topic.
Who this course is for:
- ACCA students, CPA students, students of various accounting programs, accountants, finance managers, finance directors, CFOs, finance experts
Instructor
- 4.2 Instructor Rating
- 1,073 Reviews
- 3,206 Students
- 1 Course
Raffaelson Academy explains accounting by topics in a specific and user-friendly way. This peculiarity serves our wider goal to clarify topics in a way that is straightforward, simple, non-boring and yet clear and precise. Our students vary from classic college or University students up to working finance professionals, such as accountants, finance experts, CFOs and all those who are interested in getting a clear understanding in a particular accounting topic.