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Livestream: Interpreting the New Revenue Recognition Standard: What All CPA's Need to Know

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Monday, June 21, 2021 @ 8:30am 12:00pm
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Description

The effective date of FASB ASC 606, Revenue from Contracts with Customers, is upon us! Do you know which contracts are within the scope of the standard and when revenue should be recognized at a point in time of over time? This course answers those questions by providing a basic understanding of the five-step process for recognizing revenue under FASB ASC 606. Supported by practical examples, this course addresses core principles that all CPAs need to know. Recent updates to this course include the latest guidance from FASB, industry-specific examples taken from the AICPA Audit and Accounting Guide Revenue Recognition, as well as disclosure illustrations.

Credits

Category Amount
Accounting&Auditing 4.00

Course Materials

Links to the e-materials will be listed with your course registration in your account on the MSCPA website seven calendar days before the course. You will receive an e-mail when the materials are available.



Leaders

Curtis Quickel

Curtis J. Quickel, CPA

Curtis is an individual practitioner in Fayetteville, Arkansas. Since 1998, he has traveled the U.S. teaching Continuing Professional Education courses to thousands of CPAs for the AICPA and others. Before establishing his own practice, he worked several years in industry as a Corporate Controller. After 9/11 Curtis spent 9 years on Active Duty with the U.S. Army completing three combat tours to Afghanistan, Iraq and Kuwait. In 2013 Curt retired as a Lieutenant Colonel with a total of 33 years of Active and Reserve service. He is a Past President of the Central Chapter of the Arkansas Society of CPAs and Past Chairman of the Industry and Commerce Committee. Curt is also a past recipient of the Arkansas Society of CPAs Outstanding CPA in Government Award.