August 11, 2022


2 Total CPE Credits


Revenue: Special Implementation Guide-Topic 606-10-55

Learning Objectives

  • Outline several of the special issues addressed in ASC 606-10-55
  • Describe the different methods of measuring progress toward complete satisfaction of a performance obligation
  • Explain the accounting treatment of warranties where the customer has no option to purchase the warranty separately
  • Explain the underlying criteria in customer options for additional goods or services
  • Explain the accounting treatment for customers' unexercised rights
  • List the criteria for a license to be accounted for at a point in time or overtime
  • Define a bill-and-hold arrangement
  • Review excerpts from a selection of public companies' revenue disclosures

Major Topics

  • FASB ASC 606
  • Revenue from Contracts with Customers and All recently released updates to ASC 606
  • Revenue from Contracts with Customers

CPE Credits Available

Total CPE
Accounting & Auditing

Things to Know About This Course


Revenue: The Five Steps

Advanced Preparation


Intended Audience

CPAs, auditors, consultants, and financial and managerial professionals.


California Society of CPAs

This event has ended.