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Revenue: Special Implementation Guide (Topic 606-10-55) Webinar


Aug. 10
2:00 - 4:00 p.m.

CPE Credits



PICPA Member: $75 | Nonmember: $101

 More Information

Course No.
Revenue: The Five Steps (ASU 606-10)


Outline several of the special issues addressed in ASC 606-10-55.Describe the different methods of measuring progress toward complete satisfaction of a performance obligation.Explain the accounting treatment of warranties where the customer has no option to purchase the warranty separately.Explain the underlying criteria in customer options for additional goods or services.Explain the accounting treatment for customers' unexercised rights.List the criteria for a license to be accounted for at a point in time or over time.Define a bill-and-hold arrangement.


This course, the second in a three-course series, concentrates on the ASU 606, Revenue from Contracts with Customers . Address the topics in the Special Implementation Guide, ASU 606-10-55.Since ASC 606, Revenue from Contracts with Customers, is now effective for most entities, now is the time to review the Topic and stay up-to-date with recently issued updates . With the issuance of a final standard—ASC 606, Revenue from Contracts with Customers—public companies were required to implement after Dec. 15, 2017, and non-public companies, after Dec. 15, 2018.


Bobbe M. Barnes, CPA, CMA, CGFM

Bobbe is an educator and consultant with many years of professional experience in IFRS, US GAAP, and certification training around the world. She recently completed nine years overseas working in emerging economies, where she led the team that developed the Certified International Professional Accounting certificate program, comprising training courses and examinations. Bobbe has worked in many countries and regions including the USA, Africa, Central &, Eastern Europe, Central Asia, Mongolia, Russia, Ukraine, Middle East, and Far East including China, Indonesia, Malaysia, Thailand, and South Korea. Bobbe is a Certified Public Accountant (CPA), a Certified Management Accountant (CMA), and a Certified Government Financial Manager (CGFM). In addition, she is active in the Institute of Management Accountants, having served on the Board of Directors and the standing Committee on Ethics. Just recently she was a keynote speaker at the International Accounting and Auditing Conference in Tashkent, Uzbekistan, and a speaker at the fifth annual Middle East IFRS and Accounting Summit in Dubai, where she also conducted a full day workshop on Financial Instruments.

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