IFRS Foundation
IFRS 15: Revenue from Contracts with Customers
The joint five-step revenue framework, performance obligations and transfer of control. Detailed US GAAP and IFRS application can differ.
THE BASIS FOR THE COURSE
Understand the sources.
Question the assumptions.
Original teaching, grounded in established accounting and learning research.
How the learning works
Each unit combines three short lessons, worked examples, a visual experiment, private explanations with rubrics, and a scored assessment. Later units reuse earlier concepts in new situations.
Review is recommended after a delay: one day after an assessment below 80%, seven days after a passing attempt. These are simple scheduling defaults, not a personalized memory model.
What progress means
Reading marks are self-reported. Assessment scores reflect this question set; numerical retries use alternate scenarios. Explanations are self-assessed, not automatically graded. None is a professional qualification.
The design draws on evidence about worked examples, retrieval, spacing and explanatory questions. FINEDU has not yet undergone an independent educator review or a controlled learner-outcome study.
Scope and editorial approach
The primary lens is US public-company accounting. Tax examples use stated hypothetical rates and simplified facts; private-company alternatives and IFRS differences are identified where relevant. This is a broad foundation through introductory advanced analysis, not exhaustive guidance for every industry, jurisdiction or transaction.
All cases and exercises are original and fictional. Source links provide authority or further reading; no organization endorses this course. We do not reproduce textbook chapters, proprietary test banks or paid curriculum. Sources were checked in September 2026. Read the latest underlying guidance for a real reporting decision.
Reading room
Financial Accounting Standards Board
Leases: Topic 842 project
US GAAP recognition of lease assets and liabilities, including operating leases; use current codification for transaction-specific application.
Aswath Damodaran · NYU Stern
An Introduction to Valuation
Discounted cash flow, uncertainty, relative valuation and the role of valuation in investment and acquisition decisions.
OpenStax
Principles of Accounting: Financial Accounting
Foundational sequence and topic coverage: transactions, statements, assets, liabilities and equity. FINEDU explanations and exercises are independently authored.
MIT OpenCourseWare
Introduction to Financial and Managerial Accounting
A reader-centered course structure, with worked accounting problems and examinations. Historical teaching reference, not current standards authority.
US Securities and Exchange Commission
How to Read a 10-K
Filing structure, financial statements, disclosures, management discussion and the role of audit.
US Securities and Exchange Commission
Non-GAAP Financial Measures: Compliance & Disclosure Interpretations
Sections 100 and 103: misleading adjustments, consistency, labels and EBIT/EBITDA reconciliation. Read the current guidance for actual issuer reporting.
US Securities and Exchange Commission
Staff Accounting Bulletins, Topic 1: Financial Statements
Topic 1.B: subsidiary and carve-out presentation, costs incurred by a parent, allocation and related disclosures.
Internal Revenue Service
Publication 538: Accounting Periods and Methods
Cash, accrual and other tax accounting methods; actual eligibility depends on the taxpayer and current law.
Internal Revenue Service
Intangibles
Qualifying section 197 intangibles and the general 15-year tax amortization period.
Internal Revenue Service
Like-kind exchanges: real estate tax tips
Section 1031 scope and real-property exchange context. Not a blanket rule for stock swaps.
Internal Revenue Service
Publication 544: Sales and Other Dispositions of Assets
Basis, dispositions, gains and losses, and specific nonrecognition rules. Examples in this course simplify taxpayer-specific details.
Internal Revenue Service
Involuntary conversions: real estate tax tips
The distinction between an involuntary conversion and a voluntary like-kind exchange.
EY AccountingLink
Financial Reporting Developments: Intangibles—goodwill and other
Practitioner interpretation of US GAAP goodwill, intangible assets and impairment. Standards and transaction facts remain authoritative.
EY AccountingLink
Financial Reporting Developments: Income taxes
US GAAP deferred tax, valuation allowances, recognition, measurement and disclosure interpretation.
IFRS Foundation
IAS 12: Income Taxes
Temporary differences, tax bases and deferred tax concepts; the course distinguishes IFRS from US GAAP where material.
IFRS Foundation
IAS 36: Impairment of Assets
IFRS impairment scope, recoverable amount and goodwill-related requirements.
IFRS Foundation
IFRS 18: Presentation and Disclosure in Financial Statements
New presentation subtotals and the January 1, 2027 effective date, with early application permitted.
CFA Institute
Financial Analysis Techniques — 2026 curriculum overview
Public learning outcomes and analytical framework: common-size statements, ratios, comparisons and interpretation. No paid curriculum or exam questions are reproduced.
Institute of Education Sciences · What Works Clearinghouse
Organizing Instruction and Study to Improve Student Learning
Worked examples alongside problems, spaced review, retrieval, integrated visual/verbal representations and explanatory questions. These support design choices; they do not establish FINEDU-specific learning outcomes.
Your progress belongs to you
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