Description
This course addresses steps three and four in the five-step process for revenue recognition under FASB ASC 606, Revenue from Contracts with Customers. Step 3 deals with determining the transaction price, including refund liabilities, variable consideration, and accounting policy elections. Step 4 deals with allocating the transaction price to performance obligations in the contract including stand-alone selling prices, allocation of a discount and changes in the transaction price.
Highlights
*Steps 3 and 4 in the process for revenue recognition, determining the transaction price and allocating the transaction price to performance obligations in the contract
Objectives
When you complete this course you will be able to: *Recognize requirements for determining a transaction price *Recognize requirements for allocating a transaction price
Designed For
Accountants in public practice, industry, and academia who need an update on the latest revenue recognition guidance
Registration for this course has passed.
Course Pricing
WYOCPA Member Fee
$99.00
Non-Member Fee
$119.00
Your Price
$119.00
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