NASBA Field of Study
Background, purpose, and main provisions of new standard
Five-step process for recognizing revenue
Applying the five-step process to transactions and arrangements unique to revenue recognition
Presentation and disclosure requirements
Identify the fundamental concepts related to revenue recognition and measurement.
Apply the five-step revenue recognition process
Apply the five-step process to major revenue recognition issues.
Identify presentation and disclosure requirements regarding revenue
Accountants, auditors, and finance professionals in public practice and industry seeking an understanding of the latest revenue recognition guidance issued by the IASB.