Recognizing Revenue When a Performance Obligation has Been Satisfied WEBCAST

Overview

Step five for revenue recognition. In this webcast, you’ll the details of step five of the five-step process for revenue recognition under FASB ASC 606, Revenue from Contracts with Customers and how to identify when the transfer of control occurs under FASB ASC 606 and whether a performance obligation is satisfied at a point in time or over time.

Highlights

Transfer of control performance obligations satisfied at a point in time performance obligations satisfied over time. Measuring progress toward complete satisfaction of a performance obligation.

Prerequisites

Experience in the application of accounting standards.

Designed For

Accountants and finance professionals in public practice, industry and academia who need an update on the latest revenue recognition guidance.

Objectives

Identify when the transfer of control to the customer occurs under FASB ASC 606. Identify when a performance obligation has been satisfied at a point in time under FASB ASC 606. Identify when a performance obligation has been satisfied over time under FASB ASC 606.

Preparation

None.

Notice

None.