This course provides an understanding of transition approaches and some considerations companies should think about when selecting and implementing a transition approach to the revenue recognition requirements of ASC Topic 606.
By the end of the course, participants should be able to:
This course is the fourth of four in the Revenue Recognition (ASC Topic 606) Series. “Revenue from Contracts with Customers – Overview” provides an overview of the standard and its basic provisions. “Revenue from Contracts with Customers – the Five Step Model” provides an overview of the model. “Revenue from Contracts with Customers - Application Guidance and Disclosure Requirements” covers selected application guidance, contract modifications and costs, presentation and disclosures.
Keywords: ASC 606, Revenue Recognition, Five Step Model, Contracts with Customers, Accounting, Contract, Customer, Performance Obligation, Change in Measurement of Performance, Transaction Price, Variable Consideration, Transition, Transition Method, Accounting Impairment, 606
NASBA Delivery Type: Self-Study
Advance Preparation: There is no advance preparation for this course.
This course is mobile-compatible.
This course provides an understanding of transition approaches and some considerations companies should think about when selecting and implementing a transition approach to the revenue recognition requirements of ASC Topic 606.
By the end of the course, participants should be able to:
This course is the fourth of four in the Revenue Recognition (ASC Topic 606) Series. “Revenue from Contracts with Customers – Overview” provides an overview of the standard and its basic provisions. “Revenue from Contracts with Customers – the Five Step Model” provides an overview of the model. “Revenue from Contracts with Customers - Application Guidance and Disclosure Requirements” covers selected application guidance, contract modifications and costs, presentation and disclosures.
Keywords: ASC 606, Revenue Recognition, Five Step Model, Contracts with Customers, Accounting, Contract, Customer, Performance Obligation, Change in Measurement of Performance, Transaction Price, Variable Consideration, Transition, Transition Method, Accounting Impairment, 606
NASBA Delivery Type: Self-Study
Advance Preparation: There is no advance preparation for this course.
This course is mobile-compatible.