Course 1 - Overview of ASC-606 and Zuora Revenue

This course will introduce you to the basic concepts of a business’s revenue ecosystem and describe how Zuora Revenue complies with ASC-606 and IFRS-15 policies.

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About this course

Welcome to Overview of ASC-606 and Zuora Revenue, the first course in the Introduction to Zuora Revenue Learning Path. This course will introduce you to the basic concepts of a business’s revenue ecosystem and describe how Zuora Revenue complies with ASC-606 and IFRS-15 policies.

By the end of this course, you’ll be able to:

  • Define the revenue recognition principle
  • Understand the revenue ecosystem of a business
  • List various challenges faced by subscription businesses when adapting to ASC-606 and IFRS-15 policies
  • Describe how Zuora Revenue helps businesses recognize revenue based on ASC-606 and IFRS-15 compliance
  • Identify how Zuora Revenue can accommodate changes in accounting principles

Prerequisite: Before completing this course, learners should have a working knowledge of accounting and general principles of revenue recognition.

Click the Register Now button above to start.

Curriculum

  • Module 1: The Revenue Ecosystem
  • Introduction to the Revenue Recognition Principle
  • Components of a Revenue Ecosystem
  • ASC-606, IFRS-15, and the New Accounting Standard
  • Comparing ASC-605 and 606
  • Changes in Nomenclature in ASC-606
  • Adopting ASC-606 Standards with Zuora
  • How Zuora Revenue Helps Businesses
  • Module recap
  • Module 2: End of Course
  • Rate This Course!
  • Next Steps

About this course

Welcome to Overview of ASC-606 and Zuora Revenue, the first course in the Introduction to Zuora Revenue Learning Path. This course will introduce you to the basic concepts of a business’s revenue ecosystem and describe how Zuora Revenue complies with ASC-606 and IFRS-15 policies.

By the end of this course, you’ll be able to:

  • Define the revenue recognition principle
  • Understand the revenue ecosystem of a business
  • List various challenges faced by subscription businesses when adapting to ASC-606 and IFRS-15 policies
  • Describe how Zuora Revenue helps businesses recognize revenue based on ASC-606 and IFRS-15 compliance
  • Identify how Zuora Revenue can accommodate changes in accounting principles

Prerequisite: Before completing this course, learners should have a working knowledge of accounting and general principles of revenue recognition.

Click the Register Now button above to start.

Curriculum

  • Module 1: The Revenue Ecosystem
  • Introduction to the Revenue Recognition Principle
  • Components of a Revenue Ecosystem
  • ASC-606, IFRS-15, and the New Accounting Standard
  • Comparing ASC-605 and 606
  • Changes in Nomenclature in ASC-606
  • Adopting ASC-606 Standards with Zuora
  • How Zuora Revenue Helps Businesses
  • Module recap
  • Module 2: End of Course
  • Rate This Course!
  • Next Steps