Revenue Recognition and Accounting Standards

This comprehensive course provides detailed knowledge of revenue recognition principles under current accounting standards, with particular focus on IFRS 15 and ASC 606. Participants will master the five-step model for revenue recognition and learn to apply these principles to various business scenarios and industry contexts. The program covers contract identification, performance obligation assessment, transaction price determination, and revenue allocation across multiple deliverables. Through practical case studies and industry-specific examples, attendees will develop the expertise to implement robust revenue accounting processes and ensure compliance with evolving standards.