Nevada CPA

Courses

Revenue Recognition: Mastering the New FASB Requirements

Description:

The effective date of the new accounting standard for revenue recognition is fast approaching! With the issuance of FASB ASU No. 2014-09, Revenue from Contracts with Customers, FASB has completed a convergence project with the IASB to improve financial reporting by creating common revenue recognition guidance for U.S. GAAP and IFRS. For years, revenue recognition has been the cause of audit failures and the focus of corporate abuse and fraud allegations. This course will provide you with an in depth understanding of the framework for revenue recognition built around the core principle that is applied in a five-step process. In addition, understanding the changes and new requirements is critical for successful implementation of this new standard. Supported by practical examples, this course will assist you in avoiding revenue recognition traps and provide you with latest FASB guidance. In addition, you will understand how the new guidance impacts certain industries as a result of new criteria for recognizing revenue and changes in disclosure requirements.


Course Details

Date & Time:

Thursday, September 12, 2019

6:00am – 2:00am

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Location:

Online

Vendor:

AICPA

Field of Study:

Accounting

CPE Credit:

8 hours CPE credit

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Course Pricing

Member Fee

Applicable if you are a NVCPA member in good standing.

$279.00
Non-Member Fee

Applicable if you are not a NVCPA member.

$349.00
Your Price $349.00

Instructors