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Revenue Recognition ASC 606 Explained via Example
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Accounting Real Life Tasks - Revenue Recognition ASC 606 Explained via Example

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This course includes

  • 21.5 hours of video
  • Certificate of completion
  • Access on mobile and TV

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Join 10,000+ professionals who enrolled in the Controller Academy 🚀 https://controller-academy.com/courses/controller-academy [coupon 30OFFCOURSE for 30% discount] Videos mentioned here: 1) Various ways to analyze financial statements https://youtu.be/2iG_BIlB0Lo?si=ImmVFDr6c34YfHnz 2) How to develop month-end close checklist https://youtu.be/m_SfIf8PKpg?si=EsQC4O0oQitCh-YR Chapters: 00:00 Intro 01:04 The Accounting Error 01:21 The Wrong Approach 03:44 The Correct Approach 08:39 Recap What we cover in this video: The example we are showing today involves an accounting error in revenue recognition. We will look at how a bad/clueless accountant deals with the situation and then we will see how a good accountant managed the same issue…. ----------------------------------- Hang Out with me on social media: 📸 https://www.instagram.com/the_financial_controller/ 📱https://www.tiktok.com/@thefinancialcontroller https://www.linkedin.com/in/bill-hanna-cpa-7653a851/ DISCLAIMER: Links included in this description might be affiliate links. If you happen to purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel so I can continue to provide you with free content each week! All views expressed on my channel are mine alone. Not intended as financial or professional advice

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