Recognizing Revenue When a Performance Obligation has Been Satisfied

Course Details

Date

Tuesday, April 4, 2023

2:00pm – 3:00pm (Registration: 10:01am)

Location

Online

Field of Study

Accounting & Audit

CPE Credit

1 hour CPE credit

Level of Knowledge

Intermediate

Vendor

AICPA

Prerequisites

Experience in the application of accounting standards

Description

In this webcast, you'll learn: The details of step five of the five-step process for revenue recognition under FASB ASC 606, Revenue from Contracts with Customers; How to identify when the transfer of control occurs under FASB ASC 606 and whether a performance obligation is satisfied at a point in time or over time

Highlights

  • transfer of control
  • performance obligations satisfied at a point in time
  • performance obligations satisfied over time
  • Measuring progress toward complete satisfaction of a performance obligation


Objectives

  • Identify when the transfer of control to the customer occurs under FASB ASC 606
  • Identify when a performance obligation has been satisfied at a point in time under FASB ASC 606
  • Identify when a performance obligation has been satisfied over time under FASB ASC 606


Designed For

Accountants and finance professionals 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
$65.00

Non-Member Fee
$76.00

Your Price
$76.00

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