Revenue: The Five Steps (Topic 606-10) Webinar

Jun 25
2:00 - 4:00 p.m.

Online

2-A&A
CPE Credits

  • Outline the the Five Steps for revenue recognition under ASC 606.
  • Identify the contract.
  • Determine if the performance obligation is satisfied over time or at a point in time.
  • Explain the concept of variable consideration and calculate the amount of variable consideration, if any.
  • Allocate the transaction price to the performance obligations.
  • Recognize revenue.

Highlights

This course, first in a three-course series, concentrates on the ASU 606, Revenue from Contracts with Customers. Address the Five Steps approach as covered in ASU 606 10-25.

Publicly traded companies have now implemented ASC 606, Revenue from Contracts with Customers. All other entities are adopting in their fiscal years beginning after Dec. 15, 2018. Now is the time to ensure you understand the Topic in depth.

This course will help attendees understand ASC 606 by reviewing examples to best illustrate concepts of The Five Steps.

Materials are provided as an ebook for this course.

Registration

PICPA Member: $79
Nonmember: $104

More Information

Course No. 4193310A Level: Overview

Prerequisites: None.

Speaker(s)

Bobbe Barnes