DESCRIPTION
This module focuses on techniques for effective accounting research, using the topic of revenue recognition under ASC 606: Revenue from Contracts with Customers. The module will review key concepts of ASC 606, including the 5-step process. Participants will receive hands-on practice in accounting research by working in small groups to research and conclude on a series of technical issues and questions.
LEARNING OBJECTIVES
- List techniques and best practices for researching accounting guidance to resolve technical questions and issues
- Identify common issues related to revenue recognition