This course will provide you with an in-depth understanding of the framework for revenue recognition, built around the core principle that is applied in a five-step process.
There are no upcoming dates for this Webcast
The new accounting standard for revenue recognition has finally been released! With the issuance of FASB ASU No. 2014-09, Revenue from Contracts with Customers, FASB has completed a convergence project with the IASB to improve financial reporting by creating common revenue recognition guidance for U.S. GAAP and IFRS.
For years, revenue recognition has been the cause of audit failures and the focus of corporate abuse and fraud allegations. This course will provide you with an in-depth understanding of the framework for revenue recognition, built around the core principle that is applied in a five-step process. In addition, understanding the changes and new requirements is critical for successful implementation of this new standard.
Supported by practical examples, this course will assist you in avoiding revenue recognition traps and provide you with the latest FASB guidance.
All learning resources available in the CGMA Store qualify for CPD for CIMA members.
|Prerequisites:||Experience in the application of accounting standards|
|Access:||This is a live event. You will have access to webcast on the date/time of broadcast and the archive for 3 months after the broadcast date.|