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Surgent's Revenue Recognition for Long-Term Construction and Similar Contracts: Topic 606 Implementation Challenges (LTC4)

  Thursday, Dec. 12, 2019 from 9:00 a.m. to 12:30 p.m.
 Online
 
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Registration is Open
VSCPA Members
$169.00 Regular Registration
Nonmembers
$169.00 Regular Registration
Designed For:
Accounting and auditing practitioners at all levels desiring to understand the challenges in applying Topic 606 to entities with long-term construction projects
Prerequisite:

Experience in accounting and auditing

Change is definitely coming. For those entities who currently recognize revenue under the guidance of Statement of Position 81-1, Accounting for Performance of Construction-Type and Certain Production-Type Contracts (SOP 81-1), understanding the basics of Topic 606 is not enough. You need to be able to apply Topic 606 to your types of contracts and determine what changes, if any, will occur in how you recognize revenue under the new standard. In this course, we'll explore Topic 606 from the perspective of entities that currently recognize revenue under SOP 81-1, focusing on those areas most likely to be impacted under the new guidance. Applying Topic 606 to your long-term contracts will definitely change your revenue recognition approach. This course will help you determine how big that change will be.


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

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.

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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.