This online course provides discussion of the new PFRS 15, Revenue from Contracts with Customers. This course will also update learners on how the new standard has changed the application of revenue recognition.
Completing the course will enable learners to apply the five-step model of the new revenue recognition standard. It will also enable them to apply the new revenue recognition standard in a practical manner by using common transactions and various industry examples. Lastly, learners will be able to learn how the new revenue recognition will change the presentation and disclosure requirements in the financial statements.
The course is aimed at those who have working knowledge of the current revenue recognition standards under PFRS/IFRS and will be useful for:
· Finance Directors/Controllers/Head of Finance
· Business Owners and Managers
· Entrepreneurs, Professionals and Learners
This class is self paced. You can begin whenever you like and then follow your own pace. It's a good idea to set goals for yourself to make sure you stick with the course.
This class will always be available!
Yes! The point is for you to learn what YOU need (or want) to learn. If you already know something, feel free to skip ahead. If you ever find that you're confused, you can always go back and watch something that you skipped.
Learn actively! You will retain more of what you learn if you take notes, draw diagrams, make notecards, and actively try to make sense of the material.
This course cannot be used and distributed freely by those registering with the site, as well as altered from the original form, subject to the terms of the CPDPhilippines instructor’s copyright over the material.