Revenue Recognition: Mastering the New FASB Requirements

Revenue Recognition: Mastering the New FASB Requirements

Revenue Recognition: Mastering the New FASB Requirements

Presenter(s)

Joann Noe Cross, Accounting Co-Chair, University of Wisconsin-Oshkosh

Overview

With the issuance of FASB Accounting Standard Update 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. Supported by practical examples, the course will help you avoid revenue recognition traps and provide you with the latest FASB guidance. You’ll also understand how the new guidance impacts certain industries as a result of new criteria for recognizing revenue and changes in disclosure requirements.

8.0 CPD Credits

Registration

Online registration for this course is currently closed. To register for this course, please call us at (262) 785-0445.

Member Price

$419

Nonmember Price

$469

  • Retired, Part-time, Unemployed and Leave-of-Absence Members save an additional $100
  • AICPA Members save an additional $30

Tuesday, December 11

8:30am to 4:00pm (Check-In 8:00am)

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WICPA Professional Development Center

W233N2080 Ridgeview Pkwy Ste 201
Waukesha, WI 53188

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