Webinar

Revenue Recognition: Determine the Transaction Price, Part 1

---

The new revenue recognition standard outlines five steps for proper compliance. At the surface, these steps seem simplistic. However, there are many considerations that should be considered within each step based on your process and industry. Previous courses in this series have covered the standard at a high level and evaluated step one and two of the standard. They are: Understanding the Revenue Recognition Standard; Revenue Recognition: Identify the Contract - Part One; Revenue Recognition: Identify the Contract - Part Two; Revenue Recognition: Identify Performance Obligations -- Part One; Revenue Recognition: Identify Performance Obligations -- Part Two; Revenue Recognition: Determine Transaction Price - Part 1; Revenue Recognition: Determine Transaction Price - Part 2; Revenue Recognition: Allocate the Transaction Price; Revenue Recognition: Recognize Revenue.

This segment is designed to evaluate Step Three of the new model dealing with Determining the Transaction Price.

Major subjects

• Revenue Recognition
• Accounting

Learning objectives

• Identify considerations when evaluating transaction price
• Explore the concepts of variable consideration
• Identify methods to determine variable consideration
• Explore the concept of variability constraints
• Identify what constitutes implied variability
• Practice your knowledge with examples

Who should take this program?

• Accountants, Finance Professionals, Auditors, Internal Auditors  

Pricing

Our records indicate you are a nonmember. If you register, you will be charged $39.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.

---

Related programs

May 18, 2026 | Revenue Recognition Topic 606: Identify Performance Obligations, Part 1 | Webinar

May 18, 2026 | Revenue Recognition: Topic 606 Overview | Webinar

May 18, 2026 | Revenue Recognition Topic 606: Identify the Contract, Part 1 | Webinar

May 18, 2026 | Revenue Recognition Topic 606 Contract with Customers: Identify the Contract, Part 2 | Webinar

May 20, 2026 | Revenue Recognition: Allocate the Transaction Price | Webinar

---

Related products

Surgent's ASC 606 Insights: Contract Identification and Performance Obligations | Self-Study (Downloadable PDF)

Surgent's ASC 606 Insights: Licensing Revenue and Financial Statement Disclosures | Self-Study (Downloadable PDF)

Surgent's ASC 606 Insights: Managing Variable Consideration and Modifications | Self-Study (Downloadable PDF)

Surgent's ASC 606 Insights: Timing of Revenue Recognition and Principal vs. Agent Considerations | Self-Study (Downloadable PDF)

Surgent's Guide to the Topic 606 Revenue Recognition Model for All CPAs | Self-Study (On-Demand)

---