ASC 606: What auditors need to know: staff training presentation
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ASC 606: What auditors need to know: staff training presentation

1 year ago · 13.5 MB Download

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Learning objectives

  • During this training, we will lay out the five principles of FASB’s ASC 606, “Revenue from Contracts with Customers,” and the audit implications around each step.

  • We will also touch on some frequently asked questions regarding implementation challenges and areas that require clients to use significant judgment and assumptions.

  • Using insights from various practice monitoring resources, we’ll also go over some of the common audit failures identified when auditing revenue and accounting estimates.

  • Finally, we’ll cover some misconceptions

Download the ASC 606: What auditors need to know: staff training presentation

File name: asc-606-what-auditors-need-to-know-staff-training2.pptx

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