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Interpreting the FASB Revenue Recognition Standard: What All CPAs Need to Know

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4.00 Credits

Member Price $139.00

Non-Member Price $169.00

Overview

Mastering revenue recognition.

It's crucial to know the key principles of revenue recognition to recognize revenue effectively. You'll gain an understanding of these key principles by exploring the five-step revenue recognition process.

You'll learn more about:

  • Identifying a customer contract
  • Determining performance obligations
  • Establishing a transaction price
  • Allocating the transaction price
  • Recognizing revenue

    Fulfilling performance obligations

    Enhancing financial acumen through practical management strategies and real-world examples can significantly improve your organization's ability to excel in revenue recognition practices.

    You'll cover several aspects of performance obligations, including:
  • Identifying distinct goods and services
  • Implications of promised goods
  • Complexities associated with shipping and handling activities

  • Non-Member Price $169.00

    Member Price $139.00