Professional Services Agreements in Construction Live Webinar

Topic 606 Revenue Recognition Model (OnDemand Webinar)

$219.00

SKU: 407224EAU

Description

Go beyond understanding the resulting debits and credits in the financial statements.The new revenue recognition standard brings significant change in how organizations approach recognizing, measuring and disclosing revenue. All transactions with customers must be accessed using the new five step approach. Within the five steps are multiple additional considerations that also need to be addressed depending on the nature of the transaction. This topic will guide you through those five steps and help you apply them to your organization transactions with customers. The material will also explain adoption methods and disclosure requirements.

Date: 2019-12-05 Start Time: End Time:

Learning Objectives

Adoption
• Transactions That Apply
• When Is the Standard Effective?
• How the Standard Should Be Adopted
• Full Retrospective
• Modified Retrospective

Core Principles and the 5 Steps Approach
• The Core Principle of the Standard
• 5 Step Approach for Recognizing Revenue Under the New Standard
• Considerations and Information Needed

Financial Statement Presentation and Disclosures
• How Revenue Should Be Presented Under the New Standard
• Disclosures Required Under the New Standard

CPE ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Mark Robins, CPA-Aronson LLC

Professional Services Agreements in Construction Live Webinar

Topic 606 Revenue Recognition Model (OnDemand Webinar)

$219.00

SKU: 406419EAU

Description

Go beyond understanding the resulting debits and credits in the financial statements.The new revenue recognition standard brings significant change in how organizations approach recognizing, measuring and disclosing revenue. All transactions with customers must be accessed using the new five step approach. Within the five steps are multiple additional considerations that also need to be addressed depending on the nature of the transaction. This topic will guide you through those five steps and help you apply them to your organization transactions with customers. The material will also explain adoption methods and disclosure requirements.

Date: 2019-10-18 Start Time: End Time:

Learning Objectives

Adoption
• Transactions That Apply
• When Is the Standard Effective?
• How the Standard Should Be Adopted
• Full Retrospective
• Modified Retrospective

Core Principles and the 5 Steps Approach
• The Core Principle of the Standard
• 5 Step Approach for Recognizing Revenue Under the New Standard
• Considerations and Information Needed

Financial Statement Presentation and Disclosures
• How Revenue Should Be Presented Under the New Standard
• Disclosures Required Under the New Standard

Mark Robins, CPA-Aronson LLC