November 28, 2022


Webinar


4 Total CPE Credits

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Surgent's Revenue Recognition for Long-Term Construction and Similar Contracts: Topic 606 Implementation Challenges

Learning Objectives

  • Identify the five steps of Topic 606’s new revenue recognition model
  • Determine the criteria that supports recognizing revenue over time under Topic 606
  • Apply Topic 606’s guidance in other areas of interest to entities currently using SOP 81-1
  • Recall best practices and lessons learned from others implementing Topic 606

Major Topics

  • Topic 606’s five-step revenue recognition model
  • Determining whether to recognize revenue over time or at a point in time under Topic 606
  • Other unique considerations in applying the five-step model for entities currently using SOP 81-1
  • Lessons learned and best practices from entities already adopting Topic 606

CPE Credits Available

4
Total CPE
4
Accounting & Auditing

Things to Know About This Course

Course Level

  • Intermediate

Prerequisites

Experience in accounting and auditing

Advanced Preparation

None

Intended Audience

Accounting and auditing practitioners at all levels desiring to understand the challenges in applying Topic 606 to entities with long-term construction projects

Provider

Surgent McCoy CPE

This event has ended.