Revenue Recognition: Mastering FASB Requirements
Available for 1 year after purchase date
**OnDemand**
8.5 Credits
Member Price $155.00
Non-Member Price $189.00
Overview
Well-defined revenue recognition guidelines, insights, and practical management tips designed to address the complexities of FASB ASC 606.
Highlights
Key Topics
- Five-step process for recognizing revenue
- Transaction price requirements
- Disclosure requirements
- Performance obligations
- Variable considerations
- Contract requirements
- Scope exceptions
- Collectibility
Prerequisites
Experience in the application of accounting standards
Designed For
Who Will Benefit
Accountants in public practice, industry, and academia who need an update on the latest revenue recognition guidance
Objectives
Learning Outcomes
- Identify principles and requirements of revenue recognition.
- Identify requirements for identifying a contract with a customer.
- Determine performance obligations.
- Identify requirements for determining and allocating a transaction price.
- Identify special considerations for implementing FASB ASC 606 and ASC 340-40.
- Identify financial accounting and reporting requirements.
Non-Member Price $189.00
Member Price $155.00