Revenue Recognition Handbook (RRHB)

Pre-requistes:

Experience in accounting and auditing

Knowledge Level:

Intermediate

Major Topics:

• The FASB’s new five-step revenue recognition model, including hands-on examples and illustrations of the new guidance
• Presentation and disclosure requirements
• Lessons learned and best practices for improving business processes related to revenue recognition going forward
• Topic 606, Revenue from Contracts with Customers, including recently issued ASUs impacting Topic 606
• Accounting considerations related to COVID-19-driven changes to revenue recognition processes

Learning Objectives:

• The FASB’s comprehensive new revenue recognition standard, Revenue from Contracts with Customers (Topic 606).

   

   

Designed For:

Accounting and auditing practitioners at all levels desiring to understand the FASB’s new revenue recognition guidance