August 4, 2022


Webinar


2 Total CPE Credits

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Revenue: The Five Steps-Topic 606-10

Learning Objectives

  • Outline the Five Steps to revenue recognition under ASC 606-10
  • Identify the contract
  • Determine if the performance obligation is satisfied over time or at a point in time
  • Explain the concept of variable consideration and calculate the amount of variable consideration, if any
  • Allocate the transaction price to the performance obligations
  • Recognize revenue
  • 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

2
Total CPE
2
Accounting & Auditing

Things to Know About This Course

Prerequisites

None

Advanced Preparation

None

Intended Audience

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

Provider

California Society of CPAs

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