Financial Accounting Standards: Revenue Now & Future

Description

This interactive course offers more than a review of hot accounting topics and recent changes in areas such as private company accounting and other specialized subjects. Refresh research skills and practice using codification.

Case studies and real-life examples will help attendees readily apply information covered. This course meets the specific accounting requirements that CPAs are required to meet for reissuance of their license.

Note: As this is an interactive workshop, course materials must be brought to class and a laptop is preferred.

Highlights

• Current revenue standards under ASC 605
• Accounting for multiple element arrangements
• Future changes to revenue standards under ASC 606

Objectives

• Understand the principal of recognition under ASC 606.
• Identify recent changes to accounting standards in reporting & disclosure.
• Determine how to transition from ASC 605 to ASC 606.

Designed For

CPAs, accountants and financial professionals.