Description

Steps three and four of FASB ASC 606

In this webcast, you'll learn how to:

- Determine the transaction price, including refund liabilities, variable consideration and accounting policy elections

- Allocate the transaction price to performance obligations in the contract, including stand-alone selling prices, allocation of a discount and changes in the transaction price

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

@ Recognize requirements for determining a transaction price

-@ Recognize requirements for allocating a transaction price

Subjects

@ requirements for determining a transaction price

-@ requirements for allocating a transaction price

Prerequisites

Experience in the application of accounting standards