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FASB's New Revenue Recognition Standard ASC 606

 Wed, 11/28/2018 from 10:00 am to 2:00 pm
 Online
 
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Registration Status: CLOSED -- Please contact the VSCPA at [email protected] or (800) 733-8272 for availability.
Member Price
$129.00 Regular Registration
Your Price
$159.00 Regular Registration
Designed For:

* Apply the new financial accounting concepts in the revenue recognition setting * Gain a working knowledge of accounting rules as they relate to revenue recognition * Discuss planning and potential pitfalls.

Prerequisite:

None

The new FASB 606 on revenue recognition supersedes nearly all current revenue recognition provisions, including industry-specific guidance and replaces it with a more principles-based approach, which is not a five step process. This is mark-ably different than the all-events test used for tax purposes. The new standard is effective January 1, 2018 for public companies and January 1, 2019 for private companies - That's right around the corner! Now is the time to dig in and start getting up to speed on these critically important issues.

Delivery Method: Individual webcast
CPE Credit: Accounting
Program Level: Intermediate

Related Events

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.