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What are the presentation and disclosure requirements under FASB ASC 606, Revenue from Contracts with Customers? (bold)
In this webcast you will learn:
– Presentation requirements for contract assets and contract liabilities under FASB ASC 606
– Disclosure requirements for disaggregation of revenue, significant judgments
– How to determine the transaction price and the amounts allocated to performance obligations
Disclosure illustrations will be shared.
– Identify the presentation requirements described in FASB ASC 606 for contract assets and contract liabilities
statement of financial position
Experience in the application of accounting standards
Accountants and finance professionals in public practice, industry and academia who need an update on the latest revenue recognition guidance