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

 Tue, 11/27/2018 from 9:00 am to 12:59 pm
 Online
 
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Registration Status: CLOSED -- Please contact the VSCPA at [email protected] or (800) 733-8272 for availability.
Member Price
$159.00 Regular Registration
Your Price
$199.00 Regular Registration
Prerequisite:

Experience in the application of accounting standards

The new accounting standard for revenue recognition has finally been released! With the issuance of FASB ASU 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, as well as fraud allegations. This webcast will provide you with an in-depth understanding of the framework for revenue recognition built around the core principle, which is applied in a five-step process. Understanding the changes and new requirements is critical for your successful implementation of this new standard. Therefore, this webcast provides practical examples to assist you in avoiding revenue recognition traps and covers the latest FASB guidance.

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.

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