Over Time vs Point in Time: Progress with the Cost-to-Cost Method
This lesson is part of the course
In this lesson
You recognise the revenue of a three-year custom automation project for Northgate over time, measuring progress with costs incurred while the cost estimate changes.
Buy the course once for $9.99 to unlock every lesson and lab, the final exam and the certificate – lifetime access, no subscription.
Lessons in this course
- The Five-Step Model: Finding the Performance Obligations Locked
- Transaction Price: Variable Consideration & the Constraint Locked
- Allocating the Price: Estimating SSPs & the Residual Approach Locked
- Over Time vs Point in Time: Progress with the Cost-to-Cost Method Locked
- Software Bundle: Licence, Support & Implementation Month by Month Locked
- Contract Assets, Contract Liabilities & the Deferred Revenue Roll-Forward Locked
- Contract Modifications: Separate Contract, Prospective or Catch-Up Locked
- Principal vs Agent: Gross or Net Revenue, and the Journal Locked