Revenue: The Five Steps (Topic 606-10) Webcast | 4203310A
Description
This course, the first in a three-course series, concentrates on the ASU 606, Revenue from Contracts with Customers . Address the Five Steps approach as covered in ASU 606 10-25.
Since ASC 606, Revenue from Contracts with Customers, is now effective for most entities, now is the time to review the Topic and stay up-to-date with recently issued updates.
With the issuance of a final standard—ASC 606, Revenue from Contracts with Customers—public companies were required to implement after Dec. 15, 2017, and non-public companies, after Dec. 15, 2018.
Highlights
FASB ASC 606, Revenue from Contracts with Customers
All recently released updates to ASC 606, Revenue from Contracts with Customers
Objectives
Outline the the Five Steps to revenue recognition under ASC 606.
Identify the contract.
Determine if the performance obligation is satisfied over time or at a point in time.
Explain the concept of variable consideration and calculate the amount of variable consideration, if any.
Allocate the transaction price to the performance obligations.
Recognize revenue.
Designed For
CPAs, auditors, consultants, and financial and management professionals.
Registration for this course has passed.
Course Pricing
Member Fee
Applicable if you are a HSCPA member in good standing. |
$75.00 |
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Non-Member Fee
Applicable if you are not a HSCPA member. |
$101.00 |
Your Price | $101.00 |