Learn the standards, regulations, and optimal practices for recognizing any business’s revenues today! Revenue Recognition right now to begin mastering these important rules and standards today to ensure your business operates optimally right away!
This course offers engaged aspiring business professionals the accounting, reporting, and disclosures associated with revenue recognition for the sale of products or rendering of services. Revenue involves a gross increase in assets or decrease in liabilities. Among other things, this course discusses in specific terms the differences between recognizing at the time of sale or service, during production, at the completion of production, and at the time of cash receipt.