24. Revenue Recognition: A Deep Dive

Track: 
Accounting & Auditing
Yellow Book
Field of Study: 
Accounting
Auditing (Governmental)
CPE Credit: 
1.5
Knowledge Level: 
Advanced
Advanced Preparation: 
None
Prerequisite: 
Extensive not-for-profit, including those NFPs audited under GAGAS, knowledge or experience.

Tuesday, June 19, 2018
 
9:00AM-10:15AM

This session will take a deep dive into specific NFP revenue streams impacted by Topic 606, ASU 2014-09 – Revenue from Contracts with Customers, and other related revenue ASUs. It will focus on the application of the 5 step model in different scenarios to provide participants with real life examples of implementation for revenue streams that are similar to their organization's or client's.

Learning Objectives:

  • Reconstruct an overview of the 5 step model.
  • Assess how the 5 step model effects certain NFPs.


SESSION SPEAKER(S)

CPA, CGMA
Supervising Project Manager, Financial Accounting Standards Board
CPA
Partner, Crowe Horwath LLP