ASC 606: Revenue from Contracts with Customers

Description

Overview

ASC 606 Revenue from Contracts with Customers prescribes a 5-step model for recognizing revenue. It applies to all companies, in all industries! Many practitioners continue to struggle with the proper application for ASC 606. Whether you are new to ASC 606 or need a refresher on the accounting and reporting requirements related to revenue recognition, we've got you covered! Check out our collection of revenue recognition CPE courses comprising seven (7) CPE-eligible, eLearning courses (5.5 CPE). Purchase these courses as part of this collection and achieve huge savings off the list prices of the individual courses!

What's included?

The first course in this collection provides you with an overview of the standard. It then dives into each of the five steps of the revenue recognition module within ASC 606 in separate courses.

The second course in the collection of revenue recognition CPE courses covers Step 1 of the five step model, identifying the contract with the customer.

The next course then looks at Step 2 of ASC 606, identifying the performance obligations contained within the contract.

The fourth course in the collection explores how to determine the transaction price, which is step 3 of the 5-step process.

Next, you'll learn how to allocate the transaction price to the various performance obligations in the contract.

Then you'll explore when to recognize revenue under ASC 606. Generally, this will be either at a point in time or over time.

Finally, the last course in the collection of revenue recognition CPE courses presents specific issues related to the application of the guidance. This online course collection is an interactive, comprehensive look at ASC 606, chock full of examples from all industries. It's a training experience you don't want to miss!

Start your revenue recognition training under U.S. GAAP today! Interested in discounts for your team? Contact us today to learn more!

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Additional Information

Expiration This course, collection, or subscription expires one year from the date of purchase. The post-course assessment for each course must be satisfactorily completed, as evidenced by a passing grade of at least 70%, by the expiration date to be awarded any qualifying continuing professional education (CPE) credit.
Refund or Cancellation Policy For more information regarding refunds, concerns, and program cancellation policies, please contact the GAAP Dynamics Support Team via email at support@gaapdynamics.com or call (804) 897-0608.

Original price was: $690.Current price is: $399.

This Collection includes the following courses:

Revenue: Overview of ASC 606

Revenue: Identify the Contract with the Customer (Step 1 of ASC 606)

Revenue: Identify Performance Obligations (Step 2 of ASC 606)

Revenue: Determine the Transaction Price (Step 3 of ASC 606)

Revenue: Allocate the Transaction Price (Step 4 of ASC 606)

Revenue: Recognize Revenue (Step 5 of ASC 606)

Revenue: Specific Issues

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