Revenue Recognition: Determining and Allocating the Transaction Price WEBCAST

Overview

Steps three and four of FASB ASC 606. In this webcast, you’ll learn how to determine the transaction price, including refund liabilities, variable consideration and accounting policy elections and allocate the transaction price to performance obligations in the contract, including stand-alone selling prices, allocation of a discount and changes in the transaction price.

Highlights

Requirements for determining a transaction price. Requirements for allocating a transaction price.

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

Recognize requirements for determining a transaction price. Recognize requirements for allocating a transaction price.

Preparation

None.

Notice

None.