Webinar: Revenue Recognition - Allocate the Transaction Price
WB1030 | Course | Intermediate | Scheduled
Description
The updated 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.
Credits
| Number of Credits | Type of Credits |
|---|---|
| 1.80 | Accounting |
Designed For
Accountants, Finance Professionals, Auditors, Internal Auditors
Prerequisites
Suggested - Other revenue recognition courses in this series
Highlights
- Revenue Recognition on Contracts with customers
Objectives
- Explore step four of the revenue recognition model: Allocate the Transaction Price
- Identify example estimation approaches for SSP
- Explore the adjusted market assessment estimation approach
- Identify examples of the adjusted market assessment approach
- Explore the expected cost-plus margin approach
- Identify examples of the expected cost-plus margin approach
- Explore the residual estimation approach
- Identify examples of the residual estimation approach
- Explore how to allocate discounts
- Explore variances between ASC 605 and ASC 606
- Explore how to allocate variable consideration
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)
- $59.00
- Non-Member (Early Bird)
- $79.00
- Member
- $59.00
- Non-Member
- $79.00