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COVID-19; Revenue Recognition Implications (Z2-265)

100 Minutes
On demand - Video

On Demand - Video

2 CPE Credits in AA

OVERVIEW

This course is one in a series providing cutting edge insight on the impact of the COVID-19 pandemic on accounting and audits. Participants will walk through the key standards and considerations related to remote audits, preparing and reviewing financial statements and disclosures, conducting preparations, compilations and reviews, and the impact on ASC 606 Revenue from Contracts with Customers. Auditors and auditees will benefits from the depth and practical applications Allison will cover in this early look at how the work of CPAs will change during and after the coronavirus outbreak. If you attended the Not-for-Profit & Government Accounting Conference hosted by Pennsylvania Institute of CPAs (PICPA) on July 13-14, 2020, this course would be considered a duplicate and cannot be used towards your CPE requirement.

BENEFITS

  • Remote audits
  • Financial statements and disclosures
  • ASC 606
  • Preparation, compilation and reviews

HIGHLIGHTS

  • Learn the relationship between the accounting standard codification and refunds in contracts
  • Recognize the requirements for calculating discount rates
  • Understand the requirements for creating contracts
  • Identify acceptable contract modifications

COURSE LEVEL

Overview

PREREQUISITES

None

INSTRUCTOR

Allison Henry

Allison M. Henry, CPA, CGMA

PRICING

$58.00 - Member

$78.00 - Nonmember

ADDITIONAL OPTIONS

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COURSE DEVELOPER

CPA Crossings