This webcast offers an overview of the principles under FASB ASC 606, Revenue from Contracts with Customers, and you’ll learn the details of the first two steps under this new standard. Step 1: Identifying a contract, including collectability, reassessment criteria and enforceable rights. Step 2: Identifying performance obligations in a contract, including distinct goods or services and combining contracts.
Principles of revenue recognition. Steps 1 and 2 in the process for revenue recognition, identifying a contract and identifying performance obligations in a contract.
Experience in the application of accounting standards.
Accountants and finance professionals in public practice, industry and academia.
Recognize principles of revenue recognition. Recognize requirements for identifying a contract with a customer. Recognize performance obligations.
- Renee Rampulla
Non-Member Price $186.00
Member Price $153.00