This course provides an overview of the new revenue recognition standards prescribed by the Financial Accounting Standards Board (FASB) issued in May 2014. The new standards are effective for public business entities for annual reporting periods after December 1, 2017, including interim periods within that reporting period. For calendar year public filers, these entities will need to implement the new standards starting in 2018. This course primarily walks through the new five-step process involved in the new revenue recognition model. Table of Contents
Delivery Method: Online QAS Self Study.
Advanced Preparation: None