The upcoming Tensoft online course: Revenue Recognition for Technology Companies will be taught by revenue recognition expert, Jeffrey Werner. The online course will be held May 13 & May 15 from 9:30 AM to 12:30 PM. During this two days series one of the topics Jeffrey Werner will cover is the four principles of recognizing revenue. Watch the video or read the transcript below to learn more about the upcoming Tensoft online course.
“Hi my name is Jeffrey Werner and I want to invite you to our Tensoft webcast: Revenue Recognition for Technology Companies.
One of the topics we will be covering is the four general principles of revenue recognition. So we will talk about:
1. Evidence of arrangement: the contracts that venders and customers enter into
2. Whether the fees are fixed or determinable: so we know how much revenue to recognize
3. Whether delivery and performance has occurred
4. Whether the fees are collectable.
We need to meet all four of those criteria in order to recognize revenue and we will cover these four principles in depth on the Tensoft Revenue Recognition for Technology Companies Webcast.”
By Jeffrey Werner, Revenue Recognition Expert
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