1Z0-1059-25
Coming Soon
Expected availability announced soon
This course is in active development. Preview the scope below and create a free account to be notified the moment it goes live.
ERP Revenue Management (1Z0-1059-25)
The Oracle Fusion Cloud Revenue Management Associate course teaches revenue recognition standards, transaction price allocation, contract management, measurement, and reporting, enabling learners to implement and optimize Fusion Revenue Management solutions.
90
Minutes
55
Questions
65
Passing Score
$245
Exam Cost
Who Should Take This
Finance analysts, revenue accountants, and ERP consultants who have at least one year of experience with Oracle Cloud ERP or similar financial systems benefit from this certification. They seek to validate their ability to configure revenue contracts, apply ASC 606/IFRS 15 rules, and generate compliant financial reports. Achieving the associate level positions them for advanced roles in revenue operations.
What's Covered
1
Revenue Recognition Standards
2
Transaction Price and Allocation
3
Contract Management
4
Recognition and Measurement
5
Reporting and Integration
What's Included in AccelaStudy® AI
Adaptive Knowledge Graph
Practice Questions
Lesson Modules
Console Simulator Labs
Exam Tips & Strategy
20 Activity Formats
Course Outline
62 learning goals
1
Revenue Recognition Standards
2 topics
ASC 606 Framework
- Identify the five-step revenue recognition model: identify contract, identify obligations, determine price, allocate, recognize.
- Implement contract identification and combination rules in Oracle Revenue Management for ASC 606 compliance.
- Configure performance obligation identification with distinct and non-distinct good/service determination.
- Analyze revenue contracts to determine appropriate performance obligation identification and bundling treatment.
- Identify the key components and features of ASC 606 Framework and describe their primary functions within Oracle Fusion Cloud Revenue Management Associate.
- Deploy ASC 606 Framework with integration to reporting, analytics, and audit services for operational visibility.
- Analyze ASC 606 Framework configurations to identify process inefficiencies, compliance gaps, and optimization opportunities.
IFRS 15 Compliance
- Describe differences between ASC 606 and IFRS 15 for international revenue recognition reporting requirements.
- Configure dual-standard reporting with primary and secondary ledger treatments for ASC 606 and IFRS 15 compliance.
- Implement transition methods (full retrospective, modified retrospective) for revenue standard adoption.
- Evaluate accounting standard differences to recommend configuration approaches for multi-GAAP reporting.
- Configure IFRS 15 Compliance with appropriate settings and parameters for a production implementation scenario in Oracle Fusion Cloud Revenue Management Associate.
- Assess IFRS 15 Compliance implementations against best practices to identify gaps and recommend improvements.
- Name the prerequisites, dependencies, and supporting services required for implementing IFRS 15 Compliance.
2
Transaction Price and Allocation
2 topics
Transaction Price
- Describe transaction price components: fixed consideration, variable consideration, financing, non-cash, and payable to customer.
- Implement variable consideration estimation with expected value and most likely amount methods.
- Configure constraint assessment for variable consideration with probability and magnitude factors.
- Analyze transaction pricing scenarios to determine appropriate variable consideration estimates and constraints.
- Evaluate Transaction Price alternatives and tradeoffs to recommend the optimal configuration for given business constraints.
- Recognize common terminology, setup steps, and best practices associated with Transaction Price.
Price Allocation
- Identify allocation methods: standalone selling price, adjusted market, expected cost plus margin, and residual approach.
- Configure standalone selling price determination with observable price, market assessment, and cost-plus margin methods.
- Implement allocation of discounts and variable consideration to specific performance obligations.
- Evaluate allocation approaches to recommend the most appropriate method for different contract structures.
- List the configuration options and parameters available for Price Allocation and describe when each is appropriate.
- Apply Price Allocation configuration patterns to meet specific business requirements including regulatory compliance needs.
3
Contract Management
2 topics
Contract Modifications
- Describe contract modification types: separate contract, prospective, and cumulative catch-up treatments.
- Implement contract modification processing with re-measurement, re-allocation, and updated obligation tracking.
- Configure modification approval workflows with impact assessment and accounting treatment determination.
- Analyze contract modifications to determine the correct accounting treatment under revenue recognition standards.
- Implement Contract Modifications following best practices for process efficiency, compliance, and data accuracy.
- Diagnose Contract Modifications issues by analyzing reports, audit trails, and configuration to determine root causes.
Contract Setup
- Identify contract attributes: parties, terms, payment schedules, and satisfaction criteria in Oracle Revenue Management.
- Configure contract templates with default performance obligations, pricing rules, and recognition patterns.
- Implement contract lifecycle management from draft through execution, fulfillment, and completion.
- Evaluate contract configurations to ensure proper revenue treatment and compliance with recognition standards.
- Analyze Contract Setup configurations to identify process inefficiencies, compliance gaps, and optimization opportunities.
- Identify the key components and features of Contract Setup and describe their primary functions within Oracle Fusion Cloud Revenue Management Associate.
4
Recognition and Measurement
2 topics
Revenue Recognition
- Describe recognition timing: point-in-time versus over-time recognition with progress measurement methods.
- Implement over-time recognition with input methods (cost-to-cost) and output methods (units delivered, milestones).
- Configure point-in-time recognition triggers with transfer of control indicators and acceptance criteria.
- Analyze recognition scenarios to recommend the appropriate timing and measurement method for complex contracts.
- Name the prerequisites, dependencies, and supporting services required for implementing Revenue Recognition.
- Configure Revenue Recognition with appropriate settings and parameters for a production implementation scenario in Oracle Fusion Cloud Revenue Management Associate.
Special Topics
- Identify special revenue topics: licensing, warranties, returns, principal versus agent, and bill-and-hold arrangements.
- Configure warranty accounting with assurance-type and service-type warranty treatment in revenue management.
- Implement right-of-return provisions with return asset, refund liability, and breakage estimation.
- Evaluate special revenue scenarios to determine correct accounting treatment for complex transaction arrangements.
- Explain how to troubleshoot common issues with Special Topics including error messages and diagnostic procedures.
- Evaluate Special Topics alternatives and tradeoffs to recommend the optimal configuration for given business constraints.
5
Reporting and Integration
2 topics
Revenue Reporting
- Identify revenue management reports: contract analysis, waterfall, allocation detail, and disclosure reports.
- Implement revenue disclosure reports for ASC 606 quantitative and qualitative disclosure requirements.
- Configure revenue analytics with contract-level and performance obligation-level reporting for management analysis.
- Analyze revenue reporting to ensure complete disclosure compliance and management visibility into recognition patterns.
- Compare Revenue Reporting implementation patterns to determine the best approach for meeting business requirements.
- List the configuration options and parameters available for Revenue Reporting and describe when each is appropriate.
Integration
- Describe Revenue Management integration with GL, AR, Projects, and Order Management for end-to-end revenue processing.
- Configure integration between Revenue Management and source transaction modules for automated event processing.
- Implement reconciliation procedures between Revenue Management subledger and General Ledger balances.
- Evaluate integration configurations to ensure accurate revenue data flow and minimize manual reconciliation effort.
- Describe the architecture and workflow of Integration including integration points with related modules.
- Implement Integration following best practices for process efficiency, compliance, and data accuracy.
Scope
Included Topics
- All domains in the Oracle Fusion Cloud Revenue Management certification exam guide.
- Core topics: ASC 606, IFRS 15, Performance Obligations, Variable Consideration, Contract Modifications, Revenue Allocation.
- Oracle Fusion Cloud services, configuration, and best practices relevant to this certification.
- Scenario-based problem solving at the Associate level.
Not Covered
- Topics outside the official exam guide scope.
- On-premises Oracle EBS or JDE configuration.
- Specific pricing values that change over time.
- Custom development and extensions beyond standard configuration.
Official Exam Page
Learn more at Oracle
1Z0-1059-25 is coming soon
Adaptive learning that maps your knowledge and closes your gaps.
Create Free Account to Be Notified