Revenue Recognition Under ASC 606

The start date for this course has passed. Registration is no longer available.

This course is 1.00 credits
Field of Study
Accounting
Course Level
Basic
Vendor
California Society of CPAs

Registration Fees

MSCPA-AICPA Member
$30.00
MSCPA Member
$30.00
AICPA Member
$50.00
Non-Member
$50.00
Return to Webinars List

Monday, Feb 12, 2018
4:00pm – 5:00pm

Add this event to my calendar

Learn about the five-step revenue recognition process in ASC 606 through real-world examples illustrating how this will impact revenue recognition practices.

Materials are provided as an ebook.

Learn about the five-step revenue recognition process in ASC 606 through real-world examples illustrating how this will impact revenue recognition practices.

Materials are provided as an ebook.

Designed For

CPAs who apply revenue recognition guidance, or audit or review the standards applied by reporting entities.

Course Objectives

  • Recognize the scope of ASC 606.
  • Identify critical terms and definitions under ASC 606.
  • Determine the impact of ASC 606 on reporting entities.

Major Subjects

Five-step process to recognize revenue under ASC 606:

  • Step 1: Identify the contract
  • Step 2: Identify the performance obligations
  • Step 3: Determine the transaction price
  • Step 4: Allocate the transaction price
  • Step 5: Recognize revenue

Prerequisites

None.

The start date for this course has passed. Registration is no longer available.