FASB's Revenue Recognition Topic 606 Webinar

Nov 30
2:30 - 4:30 p.m.

Online

2-A&A
CPE Credits

It's not too late to panic! FASB's Topic 606 on revenue recognition supersedes nearly all current revenue recognition provisions, including industry-specific guidelines, and replaces it with a more principles-based approach, which is now a five-step process. The new standard was effective for public companies in January 2018 and is now effective for private companies in 2019. Now is the time to dig in and start getting up to speed on these critically important issues. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Learning Objectives:

Apply the new financial accounting concepts in the revenue recognition setting.
Gain a working knowledge of accounting rules as they related to revenue recognition.

Highlights

Identify the contract(s) with a customer.
Identify the performance obligations in the contract.
Determine the transaction price.
Allocate the transaction price to the performance obligations.
Recognize revenue as the business satisfies a performance obligation.

Registration

PICPA Member: $79
Nonmember: $104

More Information

Course No. VTVFRRT2

Level: Basic

Prerequisites: None

Notes
This webinar is hosted by PICPA's partner, CPA Crossings, LLC. After registering, you will receive an email from messenger@webex.com with the log-in information.

Speaker(s)

Douglas VanDerAA

Federal Tax Workshops

Subscribe to PICPA's personalized e-newsletter to receive news and events that interest you.