Revenue Recognition: Practical Approaches to Implementation

Dec 11
12:30 - 4:00 p.m.

Wyndham Philadelphia-Bucks County
Feasterville-Trevose - Map

4-A&A
CPE Credits

Grasp the fundamental principles of the contract-based approach to revenue set forth in ASU 2014-09 and subsequent updates. Analyze and account for contracts, performance obligations, and consideration. Learn how basic guidance is interpreted in more complex transactions.
Highlights
  • Effect of multiple deliverables and percent of completion issues on revenue realization
  • How GAAP for warranties, advance payments, returns, and variable pricing will change
  • Industry-specific implementation issues using FASB’s five-step approach
  • Transition, disclosure, and presentation challenges

Registration

PICPA Member: $139
Nonmember: $189

More Information

Course No. 753401 Level: Update

Prerequisites: None

Notes

Taught by the course author!

This is a four-credit seminar.

Speaker(s)

Ray Thompson

Assoc Professor Accounting & Finance