JUMOQ Learning · Revenue & Government Grants

The five-step revenue model

Explain the purpose, scope and core concepts of the five-step revenue model.

ACC-07-01Basic

Course director: Venkata Subramani Ramachandra

3 hr 28 minFull study estimate

Full study estimate: 3 hr 28 min

Self-paced estimates for one pass through the course. Practical work includes activities, assignments and resource study. Your pace may vary; breaks and repeat attempts are extra. All course and certificate requirements still apply.

Inside this course

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The Revenue Model: Core Principle and Road Map

LessonThe Revenue Model: Core Principle and Road Map
VideoVideo - The Revenue Model: Core Principle and Road Map
QuizLesson 1 Quiz - The Revenue Model: Core Principle and Road Map
Decision MissionContract Recognition Decision Mission

Step 1 - Identify the Contract with a Customer

LessonStep 1 - Identify the Contract with a Customer
VideoVideo - Step 1 - Identify the Contract with a Customer
QuizLesson 2 Quiz - Step 1 - Identify the Contract with a Customer
Case QuestSupport-Service Cut-off Investigation

Step 2 - Identify Performance Obligations

LessonStep 2 - Identify Performance Obligations
VideoVideo - Step 2 - Identify Performance Obligations
QuizLesson 3 Quiz - Step 2 - Identify Performance Obligations
Impact SimulatorRecognition-Pattern Impact Simulator

Step 3 - Determine the Transaction Price

LessonStep 3 - Determine the Transaction Price
VideoVideo - Step 3 - Determine the Transaction Price
QuizLesson 4 Quiz - Step 3 - Determine the Transaction Price

Step 4 - Allocate the Transaction Price

LessonStep 4 - Allocate the Transaction Price
VideoVideo - Step 4 - Allocate the Transaction Price
QuizLesson 5 Quiz - Step 4 - Allocate the Transaction Price
Roleplay StudioDefend the Support-Service Treatment

Step 5 - Recognise Revenue When or as Control Transfers

LessonStep 5 - Recognise Revenue When or as Control Transfers
VideoVideo - Step 5 - Recognise Revenue When or as Control Transfers
QuizLesson 6 Quiz - Step 5 - Recognise Revenue When or as Control Transfers

Integrated Application, Modifications and Presentation

LessonIntegrated Application, Modifications and Presentation
VideoVideo - Integrated Application, Modifications and Presentation
QuizLesson 7 Quiz - Integrated Application, Modifications and Presentation
Practice LabIntegrated Revenue Recognition Capstone

Final Assessment

QuizACC-07-01 Final Assessment - Revenue Recognition Essentials

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