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.
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