Lynda - Running a Profitable Business: Revenue Recognition

Learn how revenue recognition—a seemingly innocent accounting topic—can turn a reported profit into a reported loss, sometimes with multibillion dollar implications for company values.

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تاریخ انتشار

Revenue recognition determines when a sale should be recorded: This month or next month? This year or next year? This seems like an easy question until you consider situations in which a company sells a package of goods and services for one joint price, aka multi-element transactions.



But without recognizing revenue, a company can't hope to report any profit. Accordingly, company management is typically under great pressure to recognize revenue as soon as possible. Want to understand these concepts better? Join professors Jim and Kay Stice as they introduce the theory, practice, and implications of revenue recognition. Together they demonstrate how this seemingly innocent accounting topic can turn a reported profit into a reported loss, sometimes with multibillion dollar implications for company values.

Lynda.com is a PMI Registered Education Provider. This course qualifies for professional development units (PDUs). To view the activity and PDU details for this course, click here.

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سطح دوره متوسط
1h 32m
زمان دوره
187
تعداد بازدید
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Jim Stice