22WI-0343: Revenue Recognition: Identifying the Contract and Performance Obligations (Webinar)
If you have questions about this event, please call us at 952-831-2707.
Date
Tuesday, December 27, 2022
Time
8:00am
-
11:00am
Central Time
Location
Online
CPE credits
CPE
3.0
Field(s)
of study
Accounting - Technical (3.0)
Instructor
Renee Rampulla, CPA, CGMA
American Institute of Certified Public Accountants
Fees
|
Standard Member Fee |
$153.00
|
|
Standard Nonmember Fee |
$186.00
|
Description
Principles of revenue recognition
This webcast offers an overview of the principles under FASB ASC 606, Revenue from Contracts with Customers, and you'll learn the details of the first two steps under this new standard.
- Step 1: Identifying a contract, including collectibility, reassessment criteria and enforceable rights
- Step 2: Identifying performance obligations in a contract, including distinct goods or services and combining contracts
Who should take this program?
Accountants and finance professionals in public practice, industry and academia
Major subjects
-
Principles of revenue recognition
-
Steps 1 and 2 in the process for revenue recognition, identifying a contract and identifying performance obligations in a contract
Learning objective(s)
-
Recognize principles of revenue recognition
-
Recognize requirements for identifying a contract with a customer
-
Recognize performance obligations
Course code
Code
22WI-0343
Sponsor
NASBA ID#: 112891
Level
Intermediate
Format
Group Internet Based
Prerequisites
Prereq.
Experience in the application of
accounting standards
Advance
prep
None
If you have questions about this event, please call us at 952-831-2707.
