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Revenue Recognition Fundamentals – How to Identify Performance Obligations

Revenue Recognition Fundamentals – How to Identify Performance Obligations

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  • SKU : KC205
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Revenue Recognition Fundamentals – How to Identify Performance Obligations​

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.       
   

Learning Objectives:

Upon completion of this course, you will 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

Course Number:
KC205
NASBA Field of Study:
Accounting
Level:                   
Basic
Author/Instructor:
Kelen F. Camehl, CPA, MBA
Publication Date:
January 2025
CPE Credits:
1
Prerequisites:
None
Advanced Preparation: 
None

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