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Revenue Recognition: Getting the New Standard Right (111140A-12)

Description

Revenue recognition has been the cause of audit failures and the focus
of corporate abuse and fraud for many years. The new standard on revenue
recognition, currently expected to be issued in the first half of 2011,
is intended to improve the financial reporting of revenues. This course
will provide a CPA with the tools to better understand how to work with
the new concepts and principles of revenue recognition. In addition,
through practical examples, this course will assist you in avoiding
revenue recognition traps. At catalog press time the FASB had not issued
the final statement for Revenue Recognition (or other subject),
therefore we do not have an availability date to provide until further
updates are received. Please stay tuned for updates or contact Chris
Fleck (CFleck@aicpa.org) for more information.

Learning Objectives
  1. Understand and implement the new revenue recognition principles
  2. Make appropriate revenue recognition decisions
Major Topics
  1. Revenue recognition issues overview
  2. Current developments D FASB, SEC, ASB and IASB
  3. Revenue recognition in contracts with customers
  4. Income statement presentation and disclosure requirements
Course Level
Intermediate
CPE Field of Study
Accounting
8
Prerequisites
Substantial experience in financial accounting and reporting
Location
 
MACPA Towson Center
901 Dulaney Valley Rd
Towson, MD 21204 US
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Event Information
When
Nov 19, 2012
8:00 am - 3:30 pm EST
Location
MACPA Towson Center
901 Dulaney Valley Rd
Towson, MD 21204 US
Total CPE Credits
8
Format
In-Person

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Revenue Recognition: Getting the New Standard Right (111140A-12)


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