Table of Contents
Chapter 1 - Revenue Recognition
Principles Section 1
Why the Change in the Revenue
Recognition Standards?
Evolution of the Revenue
Recognition Standard
Scope of the New Revenue
Recognition Standards
Chapter 1 Section 1 Review
Questions
Chapter 1 - Revenue Recognition
Principles Section 2
Step 1: Identify the Contract(s)
with a Customer
Step 2: Identify the Performance
Obligations in the Contract
Chapter 1 Section 2 Review
Questions
Chapter 1 - Revenue Recognition
Principles Section 3
Step 3: Determine the Transaction
Price
Step 4: Allocate Transaction Price
to Performance Obligations
Chapter 1 Section 3 Review
Questions
Chapter 1 - Revenue Recognition
Principles Section 4
Step 5: Recognize Revenue When (or
as) the Entity Satisfies a Performance Obligation
Financial Statement Presentation
Issues
Chapter 1 Section 4 Review
Questions
Chapter 1 - Revenue Recognition
Principles Section 5
Chapter 1 Section 5 Review
Questions
Chapter 1 Section 1 Review
Questions Feedback
Chapter 1 Section 2 Review
Questions Feedback
Chapter 1 Section 3 Review
Questions Feedback
Chapter 1 Section 4 Review
Questions Feedback