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ASC 606 REVENUE RECOGNITION – WHAT WE KNOW NOW
November 16, 2022 @ 12:00 pm - 1:00 pm EST
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Participants of the free live webinar will be eligible for 1 CPE credit.
Since ASC 606, Revenue from Contracts with Customers, went into effect in 2019, BDO has gained a deeper understanding about the standard and how best to apply its principles to government contractors. Many organizations deal with complex elements when it comes to ASC 606, which is why our professionals have developed a proven process to identity and resolve such issues. Join us to learn how to navigate this regulation and the key takeaways your organization needs to know.
Learning objectives:
- Define the five-step model prescribed under ASC 606 and how to apply the model to your contracts
- Identify key issues in ASC 606 that specifically impact government contractors
- Examine common focus areas and learning experiences with ASC 606 during the audit process
Delivery: This webinar will be delivered via the BDO Online CPE Network
Prerequisites: None
Advanced Prep: None
Credits: 1.0 credit in the field of Specialized Knowledge
Program Level: Basic
BDO USA, LLP 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.nasbaregistry.org
