May 27, 2022


Webinar


1 Total CPE Credits

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Revenue Recognition Under ASC 606

Learning Objectives

  • Recognize the scope of ASC 606
  • Identify critical terms and definitions under ASC 606
  • Determine the impact of ASC 606 on reporting entities

Major Topics

Five-step process to recognize revenue under ASC 606
  • Step 1: Identify the contract
  • Step 2: Identify the performance obligations
  • Step 3: Determine the transaction price
  • Step 4: Allocate the transaction price
  • Step 5: Recognize revenue

CPE Credits Available

1
Total CPE
1
Accounting & Auditing

Things to Know About This Course

Prerequisites

None

Advanced Preparation

None

Intended Audience

CPAs, auditors and financial professionals.

Provider

California Society of CPAs

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