MenuClose
 Log Out
Cart 0 items
Site Search
Course Search

Surgent's ASC 606 Insights: Managing Variable Consideration and Modifications

 Currently available
 
2.0
26 / S-60343
Registration is Open
Member Price
$49.00 Regular Registration
Your Price
$51.00 Regular Registration
Designed For:

Professionals interested in challenges to revenue recognition under ASC 606

Prerequisite:

None

This course provides an overview of critical challenges companies encounter under ASC 606, emphasizing several key areas that can be particularly challenging for effective revenue recognition. This includes considerations relating to variable consideration and accounting for contract modifications. This course also addresses the accounting considerations related to significant financing components.

Delivery Method: Download
CPE Credit: Accounting
Program Level: Basic

This course is being offered by a 3rd party vendor and will not be accessible on your My CPE page. Webinar access information will be emailed directly to you by Surgent McCoy.

Objectives

  • Recognize the importance of accurate estimation of variable payments for revenue recognition
  • Determine the effects of contract modifications on revenue recognition
  • Determine appropriate methods for estimating uncertain payment amounts
  • Distinguish between contracts with and without significant financing components
  • Select the appropriate revenue recognition method for a contract modification

Advanced Preparation

None

Vendor

The Virginia Society of CPAs (VSCPA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBARegistry.org.

For more information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call (800) 733-8272.