Revenue Recognition: Presentation and Disclosure

In this webcast you will learn: Presentation requirements for contract assets and contract liabilities under FASB ASC 606; Disclosure requirements for disaggregation of revenue, significant judgments; How to determine the transaction price and the amounts allocated to performance obligations

Learning Objectives

Identify the presentation requirements described in FASB ASC 606 for contract assets and contract liabilities
Identify types of disclosure requirements described in FASB ASC 606

Major Topics

statement of financial position
disclosures
Disaggregation of revenue disclosures
disclosure of contract balances
performance obligations disclosures
disclosure of significant judgments
disclosures for determining the transaction price and the amounts allocated to performance obligations
disclosure illustrations

CPE Credits Available

Total CPE

1: Accounting & Auditing

Things to Know About This Course

Course Level

Intermediate

Prerequisites

Experience in the application of accounting standards

Intended Audience

Accountants and finance professionals in public practice, industry and academia who need an update on the latest revenue recognition guidance