Revenue: Effective Date, Disclosure and Transition & Other Assets and Deferred Costs (Topics 340-40 and 606-10-50) (4173312A)

Tuesday, August 22, 2017 | 2:00 PM - 4:00 PM (Registration at 1:30 PM) EST |

Instructor

Bobbe Barnes

Description

Now is the time to get serious about adoption of ASC 606, Revenue from Contracts with Customers! This course, the final segment of a three-course series, concentrates on the ASU 606, Revenue from Contracts with Customers. Address the effective date, disclosure, and transition along with ASU 340-40, Other Assets and Deferred Costs. With the issuance of a final standard-ASC 606, Revenue from Contracts with Customers-public companies have an implementation date after Dec. 15, 2017, and non-public companies, Dec. 15, 2018 (as amended).

Objectives

Explain the objective of disclosure under ASC 606. Explain the elections available to nonpublic entities regarding disclosure under ASC 606. Illustrate, measure, present and disclose other assets and deferred costs relating to ASU 606. Recall the effective date, as revised, for public and nonpublic entities. Identify and differentiate between the two methods of transition.

Cost

Standard Registration: $79 SCACPA Members, $99 Non-Members

Major Topics

FASB ASC 606, Revenue from Contracts with Customers FASB ASC 340-40, Other Assets and Deferred Costs All recently released updates to ASC 606, Revenue from Contracts with Customers

DETAILS

Course Code:
4173312A

Credits:
2.00 Accounting and Auditing

Field of Study:
Accounting

Vendor:
CalCPA Education Foundation

Course Type:
Webinars/Webcasts

Level:
Overview

Prerequisite:
Revenue: The Five Steps (ASU 606-10) and Revenue: Special Implementation Guide (ASU 10-55)

Advanced Preparation:
None.

 

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