Topic 606: How Revenue Recognition will Impact Government Contractors
As you have all heard, the revenue recognition guidance is changing and the implementation of this guidance is quickly approaching. This course is designed to help ensure that you better understand the new guidance so that your company is adequately prepared and develops the appropriate revenue recognition policies to properly implement the new standard. We will go through examples specific to revenue recognition on government contracts.
Participants will be able to:
- Define the five-step process involved with revenue recognition per the FASB ASU
- Describe the related implications for government contractors
Prerequisites | Basic Knowledge of Revenue Recognition
Advanced Preparation | None
Recommended Hours of CPE | 1 Hour*
Delivery Method | Webinar
Program Level| Intermediate
CPE Category| Accounting
1 Hour of CPE* at no charge!
*Cherry Bekaert is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website. | www.learningmarket.org
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