Webinar: Revenue Recognition Determine the Transaction Price Part 2
WB957 | Course | Intermediate | Scheduled
Description
The new revenue recognition standard outlines five steps for proper compliance. At the surface, these steps seem simplistic. However, there are many considerations that should be considered within each step based on your process and industry. Previous courses in this series have covered the standard at a high level and evaluated step one and two of the standard. They are:
- Understanding the Revenue Recognition Standard
- Revenue Recognition: Identify the Contract - Part One
- Revenue Recognition: Identify the Contract - Part Two
- Revenue Recognition: Identify Performance Obligations – Part One
- Revenue Recognition: Identify Performance Obligations – Part Two
- Revenue Recognition: Determine Transaction Price - Part 1
- Revenue Recognition: Determine Transaction Price - Part 2
- Revenue Recognition: Allocate the Transaction Price
- Revenue Recognition: Recognize Revenue
This segment is designed to evaluate Step Three of the new model dealing with Determining the Transaction Price.
Credits
| Number of Credits | Type of Credits |
|---|---|
| 1.00 | Accounting |
Designed For
Accountants, Finance Professionals, Auditors, Internal Auditors
Prerequisites
Suggested - Revenue Recognition Overview
Highlights
- Revenue Recognition
- Accounting
Objectives
- Explore how rights of return impact transaction price
- Identify how refund liabilities should be handled
- Explore examples related to rights of return and refund liabilities
- Explore how provisions that include a significant financing component impact transaction price
- Explore examples of significant financing components
- Explore how consideration payable to a customer impacts transaction price
- Explore examples on consideration payable to a customer
- Explore how sales based or usage royalties impact transaction price
- Explore examples of sales based and usage warranties.
Preparation
Suggested - Other Revenue Recognition Courses in this Series
Notes
This webcast is provided by ACPEN. After registering for the course, you will receive an email from ACPEN with instructions for logging in to the webcast and obtaining your eMaterials.
Prices
- Member (Early Bird)
- $39.00
- Non-Member (Early Bird)
- $59.00
- Member
- $39.00
- Non-Member
- $59.00