Description

Step five for revenue recognition

In this webcast, you'll learn:

- The details of step five of the five-step process for revenue recognition under FASB ASC 606, Revenue from Contracts with Customers

- How to identify when the transfer of control occurs under FASB ASC 606 and whether a performance obligation is satisfied at a point in time or over time

Instructor: Renee Rampulla

Target Audience

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

Course Objectives

- Identify when the transfer of control to the customer occurs under FASB ASC 606

- Identify when a performance obligation has been satisfied at a point in time under FASB ASC 606

- Identify when a performance obligation has been satisfied over time under FASB ASC 606

Subjects

@ Transfer of control

-@ performance obligations satisfied at a point in time

-@ performance obligations satisfied over time

-@ Measuring progress toward complete satisfaction of a performance

obligation

Prerequisites

Experience in the application of accounting standards