Net Revenue Calculation Course
This course equips you to master net revenue calculations from gross figures through to ASC 606 and IFRS 15 principles. You'll handle journal entries, returns, discounts, rebates, and sales taxes effectively, enabling you to develop precise revenue models and communicate findings clearly to finance managers and auditors in a Kenyan business context.

from 4 to 360h flexible workload
valid certificate in your country
What will I learn?
Gain hands-on skills to create clear gross-to-net revenue tables, use step-by-step calculations, and display outcomes neatly in income statements and notes. Master classifying contra-revenue items like discounts, rebates, returns, and sales taxes, apply ASC 606/IFRS 15 standards, prepare straightforward journal entries with controls, and leverage spreadsheets to track vital revenue KPIs confidently.
Elevify advantages
Develop skills
- Calculate net revenue accurately from intricate gross sales data.
- Expertly manage contra-revenue accounts including discounts, returns, rebates, and taxes.
- Implement ASC 606 and IFRS 15 revenue recognition in practical scenarios.
- Design efficient spreadsheet models for gross-to-net revenue tracking.
- Monitor revenue risks, KPIs, and timing challenges with precision.
Suggested summary
Before starting, you can change the chapters and workload. Choose which chapter to start with. Add or remove chapters. Increase or decrease the course workload.What our students say
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