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21WI-0585: Revenue Recognition: Determining and Allocating the Transaction Price (Webinar)

If you have questions about this event, please call us at 952-831-2707.

Monday, November 22, 2021
9:00am - 11:00am Central Time
2 CPE (2 technical)

This course addresses steps three and four in the five-step process for revenue recognition under FASB ASC 606, Revenue from Contracts with Customers. Step 3 deals with determining the transaction price, including refund liabilities, variable consideration, and accounting policy elections. Step 4 deals with allocating the transaction price to performance obligations in the contract including stand-alone selling prices, allocation of a discount and changes in the transaction price.

Major subjects

  • Steps 3 and 4 in the process for revenue recognition, determining the transaction price and allocating the transaction price to performance obligations in the contract

Learning objective(s)

  • Recognize requirements for determining a transaction price
  • Recognize requirements for allocating a transaction price

Who should take this program?

Accountants in public practice, industry, and academia who need an update on the latest revenue recognition guidance

Fees

Our records indicate you are a nonmember. If you register, you will be charged $119.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.
Standard Member Fee $99.00
checkmark Standard Nonmember Fee $119.00

More program information

Instructor Renee Rampulla, CPA, CGMA
Location Online
Area
of study
Accounting & audit
Field(s)
of study
Accounting - Technical (2.0)
Level Intermediate
Format Group Internet Based
Sponsor AICPA
NASBA ID#: 112891
Prerequisites Prereq. Experience in the application of accounting standards
Advance
prep
None
Cancellation
policy
Receive a full refund if you cancel at least four business days before the event start date. Learn more

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If you have questions about this event, please call us at 952-831-2707.