A Web site dedicated to educating finance professionals on revenue management and related issues has launched “The Revenue Recognition Challenge,” a new online game that, according to a press release, “demonstrates, in an entertaining way, the relationship between revenue recognition and business activity.” As a player, you become the new CFO of Worldwide Faulty Enterprises, where you contend with super models, rock bands, and – “visionary” CEOs” – “as you build revenue and drive your stock to new highs.”
According to a press release, the game emphasizes three key concepts:
- different types of business situations require different revenue recognition decisions,
- revenue recognition decisions must keep up with business events, and
- a reliable revenue recognition forecast is critical to strategic decision making.
The Revenue Recognition Challenge game was produced by RevenueRecognition.com and sponsored by Softrax Corporation, a provider of enterprise revenue management and billing solutions.
Oh – and don’t be too put off by the friendly auditors of Schmarbanes-Schmoxely when they stop by for your annual audit.
The Revenue Recognition Challenge can be played on-line and free of charge at: http://www.RevenueRecognitionChallenge.com