Module 3: Learning Objectives
- Identify the Principles of Revenue Recognition
- Use the 5 step model to recognize revenue appropriately
- Be able to define a performance obligation
- Be able to compute variable consideration
- Be able to allocate a single revenue amount among multiple performance obligations
- Be able to identify when a performance obligation is extinguished
- Identify which performance obligations are extinguished at a point of time or over a period
Last modified: Thursday, 2 August 2018, 11:47 AM