Learn the five-step process for recognizing revenue under FASB ASC 606. Supported with practical examples and disclosure illustrations, this webcast addresses core principles that all CPAs need to know.
NASBA Field of Study
Do you know which contracts are within the scope of the standard and when revenue should be recognized?
This webcast addresses the requirements of FASB ASC 606's five-step process for recognizing revenue:
1) Identifying a contract with a customer 2) Determining the performance obligations 3) Determining a transaction price 4) Allocating a transaction price 5) Recognizing revenue
Group ordering for your team
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