This course provides participants an overview of the revenue recognition standard (ASC Topic 606).
Topics include:
By the end of this course, participants should be able to:
This course is the first of four in the Revenue Recognition (ASC Topic 606) Series. “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. “Revenue from Contracts with Customers – Transition, Accounting Impacts and Other Considerations” provides an understanding of transition approaches and some considerations companies should think about when selecting and implementing a transition approach.
Keywords: Revenue Recognition Standard, FASB, ASU 2014-09, Topic 606, ASC 606, Five step model, Business considerations, Transition Method, Transition Approach Timeline, Implementation, Next Steps, 606, Accounting
Federal, state, and local laws restrict KPMG from offering free courses to government officials and employees. Such interested parties are welcome to take this course if payment is made at the time of registration. Contact KPMG Executive Education for assistance.
CPE credits will be awarded upon successful completion of the content and passing the exam with a grade of 70 or higher. In accordance with NASBA requirements, you must complete and pass the exam within one year of your enrollment in the program.
NASBA Delivery Type: Self-Study
Advance Preparation: There is no advance preparation for this course.
This course is mobile-compatible.
This course provides participants an overview of the revenue recognition standard (ASC Topic 606).
Topics include:
By the end of this course, participants should be able to:
This course is the first of four in the Revenue Recognition (ASC Topic 606) Series. “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. “Revenue from Contracts with Customers – Transition, Accounting Impacts and Other Considerations” provides an understanding of transition approaches and some considerations companies should think about when selecting and implementing a transition approach.
Keywords: Revenue Recognition Standard, FASB, ASU 2014-09, Topic 606, ASC 606, Five step model, Business considerations, Transition Method, Transition Approach Timeline, Implementation, Next Steps, 606, Accounting
Federal, state, and local laws restrict KPMG from offering free courses to government officials and employees. Such interested parties are welcome to take this course if payment is made at the time of registration. Contact KPMG Executive Education for assistance.
CPE credits will be awarded upon successful completion of the content and passing the exam with a grade of 70 or higher. In accordance with NASBA requirements, you must complete and pass the exam within one year of your enrollment in the program.
NASBA Delivery Type: Self-Study
Advance Preparation: There is no advance preparation for this course.
This course is mobile-compatible.