Revenue Recognition Under ASC 606 Webcast | 4203231A
Learn the five-step revenue recognition process in ASC 606 through real-world examples that illustrate the impact on revenue recognition practices.
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
Recognize the scope of ASC 606.
Identify critical terms and definitions under ASC 606.
Determine the impact of ASC 606 on reporting entities.
CPAs, auditors and financial professionals.
Registration for this course has passed.
Applicable if you are a HSCPA member in good standing.
Applicable if you are not a HSCPA member.