Steps three and four of FASB ASC 606 (bold)
In this webcast, you’ll learn how to:
– Determine the transaction price, including refund liabilities, variable consideration and accounting policy elections
– Allocate the transaction price to performance obligations in the contract, including stand-alone selling prices, allocation of a discount and changes in the transaction price
Recognize requirements for determining A transaction price
requirements for determining A transaction price
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