The Revenue Recognition Challenge is an amusing and thought provoking way to educate your organization about the importance of revenue recognition. It is ideal for presenting basic concepts to Sales, Marketing, and other non-Finance personnel. Players act as the CFO of Worldwide Faulty Enterprises - where Murphy’s Law is a corporate value – and discover how revenue recognition decisions can greatly influence a company’s fortunes. Key lessons include:
- Careful judgments are required to make the right revenue recognition decisions
- Constant vigilance is needed to keep revenue recognition up to date with business activities and events
- Having an accurate picture of future revenue streams helps you make better strategic decisions about your business
Try it now and see if you have what it takes to crack the high score list. |