Live CPE Webinar
Revenue Recognition in an Environment of Uncertainty
- CPE Credits
- 2
- Price
- $89.00
- Field of Study
- Accounting & Auditing
- Format
- Online
Applying Topic 606 in an environment of uncertainty can be especially challenging. This course will discuss the proper application of the revenue recognition model when facts and circumstances are changing.
Major Topics:
• Identifying contracts with customers
• Defining performance obligations to the customer, including when multiple obligations are involved
• Determining the total transaction, including noncash and long-term financing considerations
• Allocating the transaction price and recognizing revenue as performance obligations are satisfied
Learning Objectives:
- Recognize challenges with judgments made in applying the revenue recognition model in uncertain times.
- Apply appropriate accounting in accordance with Topic 606
Designed For
Anyone responsible for preparing or attesting upon financial statements
Prerequisites
None