Area of Focus Sessions
NAA2607. Revenue Recognition Review
Join an industry thought leader on FASB ASC 606, Revenue from Contracts with Customers, and explore continuing areas of difficulty for reporting entities with revenue recognition. Among other items, the session will cover auditing best practices, regulator focus areas, and peer review findings.
Learning Objectives:
- Interpret technical literature and other practice guidance relevant to addressing the topics covered in FASB ASC 606, Revenue from Contracts with Customers.
- Evaluate best practices and common pitfalls when applying the principles of FASB ASC 606.
- Assess the various strategies and best practices available for auditing the revenue.
Date/Time
–
CPE Credits
1.5
NASBA Field of Study
Accounting
Level
Advanced – (4-5+ years in the profession)
Prerequisites
4-5+ years in the profession
Advanced Preparation
None