You understand the five steps of revenue recognition under FASB ASC 606, Revenue from Contracts with Customers. Now, let's talk about important spe...
3/28/2023 9:00am - 10:00am | Online | AICPA
Members: $65.00, Non-members: $76.00
CPE Categories: Accounting (1 CPE)
Licensing, warranties and principal versus agent determinations
In addition to learning about special considerations in this webcast, you will learn the requirements for recognizing incremental costs of obtaining a contract with a customer in accordance with FASB ASC 340-40, Other Assets and Deferred Costs — Contracts with Customers.
Instructor: Renee Rampulla
Accountants and finance professionals in public practice, industry, and academia who need an update on the latest revenue recognition guidance
- Identify when revenue associated with a license is recognized at a point in time or over time under FASB ASC 606
- Identify when a warranty represents a separate performance obligation or a guarantee under FASB ASC 606
- Identify the difference between an entity acting as a principal and an agent in a transaction with a customer under FASB ASC 606
- Identify requirements for recognizing incremental costs of obtaining a contract with a customer in accordance with FASB ASC 340-40
@ Licensing
-@ Warranties
-@ Principal versus agent
-@ Incremental costs of obtaining a contract with a customer
Experience in the application of accounting standards
© Copyright 2025 KSCPA | All Rights Reserved