Revenue Recognition: CPE seminar in San Francisco
12.11.2024
Offered by KPMG Executive Education:
Revenue Recognition will be held December 11 in San Francisco
Register for this one-day, in-person course, where you can learn how to evaluate, interpret and apply revenue recognition principles under U.S. GAAP ASC 606, Revenue from Contracts with Customers. This standard focuses on the recognition, measurement and classification of revenue transactions in accordance with ASC 606.
Participants will use case studies during the seminar. Materials are updated regularly to provide timely perspectives on SEC comment letters and PCAOB deficiencies related to revenue recognition. Earn an estimated 8 CPE credits upon completion.
What You Can Learn
The instructors will provide guidance on applying and implementing ASC 606. Topics include:
- describing and evaluating the conceptual model and principles underlying ASC 606
- defining the concept of revenue and identifying the steps in the five-step revenue recognition model
- providing guidance on applying the standards in the context of specific fact patterns when determining appropriate recognition, measurement classification and disclosure of revenue transactions under ASC 606
- recognizing special considerations for implementing ASC 606, including variable consideration and significant financing components, licensing and warranties, principal versus agent transactions and costs of obtaining or fulfilling a contract with a customer in accordance with ASC 340-40
- identifying common implementation challenges for ASC 606 and implications for other teams (i.e., audit and IT functions).
Participants will practice applying the concepts covered in this seminar to various scenarios and situations.
Interactive and Engaging
Engage in interactive discussions, exercises and case studies. Ask questions, share experiences and network with peers.
You’ll also have opportunities to network with other participants during breaks and lunch. Enjoy the energy and interaction that an in-person seminar facilitates.
Meet our team
