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New--H.R. 1 Act - The One Big Beautiful Bill Mini Course
Revenue Recognition - Mastering the 5 Steps of ASC 606Code: 27-REVMASTERASC
Price: $19.00
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Course Details
Pages:37
Course Objectives
This course provides an overview of the revenue recognition principles under ASC 606. It
focuses specifically on the five-step model for recognizing revenue, including identifying
contracts, measuring transaction prices, and allocating those prices to performance
obligations.
Learning Objectives
Upon completion of this course, you will be able to:
- List the five steps involved in the revenue recognition model
- Recognize the considerations involved in identifying whether a contract exists
- Identify the considerations involved with measuring the transaction price
- Recognize the steps involved in allocating the transaction price to performance obligations
Category: Auditing
Recommended CPE Hours: 2
Level of knowledge: Overview
Prerequisite: General understanding of compilation and review standards
Advanced Preparation: None

$19.00
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