ARRC
PRACTICAL GUIDE TO ADVANCED REVENUE RECOGNITION CONCEPTS
Learning Objective:
This course clearly explains technical GAAP revenue recognition criteria for various situations. More than 20 practice problems with answers and technical references are provided to help master key concepts.
Major topics include:
- Four basic criteria for revenue recognition
- Right of return
- Bill and hold transactions
- Non-monetary transactions
- Related party transactions
- Channel stuffing
- Contingent income
- Software contracts
- Long-term construction type contracts
CPE Credit: 4 hours, Accounting
Level of Knowledge: Intermediate
Prerequisites: None
Advance Preparation: None |
