Webinar

Revenue Recognition: Determine the Transaction Price, Part 2

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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. 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

• Explore how rights of return impact transaction price.
• Identify how refund liabilities should be handled.
• Explore examples related to rights of return and refund liabilities.
• Explore how provisions that include a significant financing component impact transaction price.
• Explore examples of significant financing components.
• Explore how consideration payable to a customer impacts transaction price.
• Explore examples on consideration payable to a customer.
• Explore how sales based or usage royalties impact transaction price.
• Explore examples of sales based and usage warranties.

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.

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Related programs

June 16, 2026 | Revenue Recognition in an Environment of Uncertainty | Webinar

June 18, 2026 | Revenue Recognition: Allocate the Transaction Price | Webinar

June 18, 2026 | Revenue Recognition: Topic 606 Disclosures | Webinar

June 22, 2026 | Revenue Recognition Topic 606: Identify Performance Obligations, Part 2 | Webinar

June 22, 2026 | Revenue Recognition: Determine the Transaction Price, Part 1 | Webinar

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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)

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