Revenue Recognition Under ASC 606

Course Details

Date

Wednesday, March 11, 2020

10:00am – 11:00am
(Registration: 9:30am)

Field of Study

Accounting

Course Number

4193231C

CPE Credit

1 hour CPE credit

Level of Knowledge

Beginning

Vendor

CalCPA Education Foundation

Prerequisites

None.

Description

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

Highlights

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

Objectives

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

Designed For

CPAs, auditors and financial professionals.

Registration for this course has passed.

Course Pricing

Member Fee Applicable if you are a HSCPA member in good standing.	$30.00
Non-Member Fee Applicable if you are not a HSCPA member.	$50.00
Your Price	$50.00

CPE Choice

Learn more about CPE Choice.

This course does not qualify for CPE Choice.

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