CFMA’s technology upgrades are live! As you explore the new education and certification experiences, visit cfma.org/faq to help answer questions you may have! Thank you in advance for your patience as we squash any bugs in the new platforms.
More InfoCCIFP Overview Seminar - Revenue Recognition
$55.00
Member price: $35.00
Purchasing on behalf of another customer?
If you are interested in purchasing a product on someone's behalf or need to place a bulk order, please contact CFMA Education at education@cfma.org or call 609-452-8000, press 3 for Education.
This session teaches the US GAAP Revenue Recognition standard (ASC 606) and how the information impacts overall financial results and reporting. Attendees will understand the appropriate US GAAP revenue recognition methodologies and concepts.
Learning Objectives
- Comprehend the definition of a contract under ASC 606.
- Identify performance obligations and determine transaction price.
- Understand revenue recognition methodology, including point in time and over time.
- Understand significant judgments required by ASC 606 (i.e. contract modifications variable consideration, contract cost assets, overall loss recognition, etc.)
Prerequisites
This is an Overview level recording that was developed for construction finance professionals with at least three years of industry experience.
Course Length
The estimated time to complete the course is approximately 50 minutes, depending on the pace of the learner.
Who Should Attend:
Business Owners, CFOs, Construction Financial Professionals, Contractors, Controllers, CPAs, Professional Advisors, Risk Managers, Subcontractors |
Topics:
Residential Contractors