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
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:
- Introduction
- Basis of accounting
- Revenue Recognition Principle
- Advances
- Timing of Recognition
- Examples
- Methods to recognize revenue
- Revenue operating Cycle
- Franchise
This 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.
Who this course is for:
- 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.
How to Get this course FREE?
Get a 100% Discount On Udemy Paid Courses by clicking on the Apply Here Button. This Course coupon code is automatically added to the Apply Here Button.
Apply this Coupon: EDUCBABF19 (For 100% Discount)
Note: The udemy Courses Will be free for a Maximum of 1000 Learners can use the promo code AND Get this course 100% Free. After that, you will get this course at a discounted price. (Still, It’s a good deal for you to get this course at a discounted price).
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