January 22, 2021 12:00pm – 2:00pm Map & Directions 602-252-4144

Webcast: Revenue: Effective Date, Disclosure and Transition & Other Assets and Deferred Costs (topics 340-40 and 606-10-50) | 4203312C

Online registrations are currently closed, please call (602) 324-6847 for additional registration options

Description




This course is the last of a three-course series; focused on ASU 606, Revenue from Contracts with Customers. Address the effective date, disclosure and transition along with ASU 340-40, Other Assets and Deferred Costs. A selection of public company disclosures will also be reviewed. Now effective for most entities, it's time to review the topic and recent updates.
With the issuance of a final standard;ASC 606, Revenue from Contracts with Customers; public companies were required to implement after Dec. 15, 2017 and non-public companies, Dec. 15, 2018.





Location

ASCPA Live Online Webcast
Phoenix, AZ 85034-6617

Registration Time

11:30am

Fees

Member:
$75
Non-CPA Staff:
$101
Non-CPA Staff (100% club):
$75
Non-CPA Staff (sole proprietor):
$75
Non-Member:
$101
Webinar
Accounting & Auditing
2

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.
Review a selection of public companies' revenue disclosures.




Course Level

Overview

Vendor

CalCPA Education Foundation More With This Vendor

Designed For




CPAs, auditors, consultants and financial and management professionals.



Prerequisites




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


Highlights





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



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