Well-defined revenue recognition guidelines, insights and practical management tips designed to address the complexities of FASB ASC 606.
Learning Objectives
- Identify principles and requirements of revenue recognition.
- Identify requirements for identifying a contract with a customer.
- Determine performance obligations.
- Identify requirements for determining and allocating a transaction price.
- Identify special considerations for implementing FASB ASC 606 and FASB ASC 340-40.
- Identify financial accounting and reporting requirements.
Major Topics
Revenue recognition overview
Identifying the contract with a customer and performance obligations
Transaction price
