Mobile Edition

Revenue: Effective Date, Disclosure and Transition & Other Assets and Deferred Costs (Topics 340-40 and 606-10-50) (4173312B)

Date:Tuesday, December 19, 2017
Time:2:00 PM - 4:00 PM
(Registration at 1:30 PM)
Facility:Webcast or Webinar, Online
CPE Credit:2.0 Accounting and Auditing
Instructor: Bobbe Barnes
Vendor:California CPA Education Foundation
Course Level:Overview
Early Bird Price:$60.00 FICPA Members, $90.00 Non-Members


Now is the time to get serious about adoption of ASC 606, Revenue from Contracts with Customers!

This course, the final segment of a three-course series, concentrates on the ASU 606, Revenue from Contracts with Customers. Address the effective date, disclosure, and transition along with ASU 340-40, Other Assets and Deferred Costs.

With the issuance of a final standard—ASC 606, Revenue from Contracts with Customers—public companies have an implementation date after Dec. 15, 2017, and non-public companies, Dec. 15, 2018 (as amended).

  • Explain the objective of disclosure under ASC 606.
  • Explain the elections available to nonpublic entities regarding disclosure under ASC 606.
  • Illustrate, measure, present and disclose other assets and deferred costs relating to ASU 606.
  • Recall the effective date, as revised, for public and nonpublic entities.
  • Identify and differentiate between the two methods of transition.

Major Topics:

FASB ASC 606, Revenue from Contracts with Customers

FASB ASC 340-40, Other Assets and Deferred Costs

All recently released updates to ASC 606, Revenue from Contracts with Customers

Who Should Attend:

CPAs, auditors, consultants, and financial and management professionals looking to stay current on ASC 606.

Revenue: The Five Steps (ASU 606-10) and Revenue: Special Implementation Guide (ASU 10-55)

Advanced Preparation:


If listed below, select the appropriate sessions or options to continue with your purchase.

Registration Status: CLOSED - Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.