Revenue Recognition Fundamentals - How to Identify Performance Obligations

SKU: 02-296-01-CPE
Credit Hours: 1
Category: Accounting
Prerequisites: None
Learning Level: Overview
Delivery Method: Online PDF
Instructor: Kelen F. Camehl, CPA, MBA

Course Description:
This course provides an overview of the second step in the revenue recognition process – the identification of performance obligations. This includes a discussion of key definitions and considerations along with the detailed accounting guidance from ASC 606.

Upon completion of this course, you should be able to:

List the five steps involved in the new revenue recognition model
Recognize the criteria involved in identifying performance obligations
Identify post-implementation issues and considerations provided by the FASB