Course Overview
4h 6m | 37 Videos | 65967 Views | 
Intermediate Revenue Recognition:
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
Target Customers:
- 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.
Pre-Requisites:
- Passion to Learn
- Interest in finance and accounting
- Basic knowledge of accounting terms and concepts
