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The new revenue recognition standard: a closer look
In this webcast, we cover Steps 1 and 2 of the new revenue recognition model, as well as guidance on warranties and the transition requirements of the new standard.
Other topics in this first webcast of a series of three include:
- Key implications and requirements of Identifying the Contract(s) with a Customer (Step 1) and Identifying the Performance Obligations in the Contract (Step 2) of the new revenue recognition model, including illustrative examples highlighting areas where questions have been raised
- Key requirements included within the application guidance on warranties
- Transition methods, including additional considerations that entities may want to evaluate when selecting their transition method