Recognizing Revenue When a Performance Obligation has Been Satisfied
Available Until Tuesday, April 30, 2024
Online
1.00 Credits
Member Price $49.00
Non-Member Price $59.00
Overview
Final step
Understand Step 5 of the five-step process for revenue recognition under FASB ASC 606, Revenue from Contracts with Customers.
Understand 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.
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.
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
Designed For
Accountants in public practice, industry, and academia who need an update on the latest revenue recognition guidance
Prerequisites
Experience in application of accounting standard
Non-Member Price $59.00
Member Price $49.00
Registration for this event is closed.