Revenue Recognition: Identifying the Contract and Performance Obligations WEBCAST

Friday, June 3 6:00am - 9:00am PDT

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3.0 Credits

Member Price $153.00

Non-Member Price $186.00

Overview

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.

Highlights

Principles of revenue recognition. Steps 1 and 2 in the process for revenue recognition, identifying a contract and identifying performance obligations in a contract.

Prerequisites

Experience in the application of accounting standards.

Designed For

Accountants and finance professionals in public practice, industry and academia.

Objectives

Recognize principles of revenue recognition. Recognize requirements for identifying a contract with a customer. Recognize performance obligations.

Preparation

None.

Notice

None.

Leader(s):

  • Renee Rampulla

Non-Member Price $186.00

Member Price $153.00