Revenue: ASC Topic 606 in Depth 2024

Wednesday, October 30, 2024
Webcast or Webinar, Online
11:00AM - 6:30 PM (opens at 10:30AM) EST
8Credits

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$299.00 Regular Price
Non-Members
$399.00 Regular Price

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Course Type: Webcast
Course Code: 24/8125368
Level: Intermediate
Vendor: California CPA Education Foundation
Field of Study: Accounting

Overview:

This course provides in-depth coverage of ASC Topic 606, Revenue from Contracts with Customers. Since ASC Topic 606, Revenue from Contracts with Customers has now been adopted by most entities, it is time to review the topic, including any recently issued updates. Excerpts from publicly traded companies' recent disclosures on Revenue are also reviewed and discussed.

Objectives:

• Identify how to report the treatment of revenue from contracts with customers (ASC Topic 606), with examples drawn from the illustrative guide • Identify recently released updates to ASC Topic 606 • Explain the elections available to nonpublic entities regarding disclosure under ASC Topic 606 • Illustrate, measure, present and disclose other assets and deferred costs relating to ASC Topic 606 • Review excerpts from a selection of public companies' revenue disclosures

Major Topics:

• FASB ASC 606, Revenue from Contracts with Customers • FASB ASC 340-40, Other Assets and Deferred Costs • All recently released updates to FASB ASC 606, Revenue from Contracts with Customers

Major Topics:

• FASB ASC 606, Revenue from Contracts with Customers • FASB ASC 340-40, Other Assets and Deferred Costs • All recently released updates to FASB ASC 606, Revenue from Contracts with Customers

Designed For:

CPAs, auditors, consultants, and financial and management professionals.

Prerequisites:

None