Surgent's Revenue Recognition for Long-Term Construction and Similar Contracts: Topi
Change is definitely coming. For those entities who currently recognize revenue under the guidance of Statement of Position 81-1, Accounting for Performance of Construction-Type and Certain Production-Type Contracts (SOP 81-1), understanding the basics of Topic 606 is not enough. You need to be able to apply Topic 606 to your types of contracts and determine what changes, if any, will occur in how you recognize revenue under the new standard. In this course, we'll explore Topic 606 from the perspective of entities that currently recognize revenue under SOP 81-1, focusing on those areas most likely to be impacted under the new guidance. Applying Topic 606 to your long-term contracts will definitely change your revenue recognition approach. This course will help you determine how big that change will be.
Date & Time:
Tuesday, February 23, 2021
6:00am – 9:30amAdd this event to my calendar
Field of Study:
4 hours CPE credit
Registration for this event has passed.
Applicable if you are a NVCPA member in good standing.
Applicable if you are not a NVCPA member.