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Webcast: Revenue: Private Companies (CAPRRV116)
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11/17/2016
When: 11/17/2016
12:00 PM until 2:00 PM
Where: Webcast
CALCPA
4163047B
United States
Presenter: Bobbe Barnes


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Acronym CAPRRV116
CPE 2 hours
Vendor CalCPA
Category
Accounting & Auditing
Level Overview
Yellow Book No
Prerequisite None
Who should attend CPAs, auditors, consultants and financial and management professionals.
Members $60
CPA Non-Members $94

The Member rate applies to LCPA members, reciprocal state society members, and non-CPA staff of LCPA members. To register online, use the ‘Register’ button above. To register by phone, call the LCPA Member Service Center at 800.288.5272 or 504.464.1040, Monday through Friday, 8am to 5pm.

Description

Stay current on ASC 606, Revenue from Contracts with Customers. Analysts and investors use revenue as a critical component in judging a company's current and prospective performance, and questionable revenue recognition is a major reason regulatory authorities require restatements of earnings. With the issuance of a final Topic (ASC 606), private entities have an implementation date after Dec. 15, 2018, as amended.

Objectives

  • Identify the treatment of revenue from contracts with customers (ASC 606) with examples drawn from the illustrative guide.
  • Determine the disclosure and transition requirements for nonpublic entities.

Topics

  • FASB ASC 606, Revenue from Contracts with Customers

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