Revenue: Effective Date, Disclosure and Transition & Other Assets and Deferred Costs (Topics 340-40

Aug 17
2:00 - 4:00 p.m.

Online

2-A&A
CPE Credits

Explain the objective of disclosure under ASC 606.Explain the elections available to nonpublic entities regarding disclosure under ASC 606.Illustrate, measure, present and disclose other assets and deferred costs relating to ASU 606.Recall the effective date, as revised, for public and nonpublic entities.Identify and differentiate between the two methods of transition.Review a selection of public companies' revenue disclosures.
Highlights
This course is the last of a three-course series; focused on ASU 606, Revenue from Contracts with Customers. Address the effective date, disclosure, and transition along with ASU 340-40, Other Assets and Deferred Costs.A selection of public company disclosures will also be reviewed. Now effective for most entities, it's time to review the topic and recent 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, Dec. 15, 2018.

Registration

PICPA Member: $75
Nonmember: $101

More Information

Course No. 4203312A Level: Overview

Prerequisites: Revenue: The Five Steps (ASU 606-10) and Revenue: Special Implementation Guide (ASU 10-55)

Notes
None

Speaker(s)

Bobbe Barnes