Accounting  |  Format: Flash

Applying the New Revenue Recognition Standard

Course Overview
This course provides an overview of the impacts of applying the new revenue recognition standards to common revenue recognition situations. Additionally, this course also addresses the impacts of the new standard on certain industries. This course is the second part in a three part series related to the new revenue recognition standard.

Learning Objectives
After completing this course, the course participant should be able to:

  • Identify key information as it relates to principal vs. agent considerations
  • Recognize accounting requirements as it relates to warranties and rights of return
  • Differentiate between the types of intellectual property
  • Recognize impacts of the new revenue recognition standard on various industries
    Catalog Number: 99PAI06
    CPE Credits: 1 Registry / 1 QAS
    Author: Stacey Painter
    Advanced Preparation:
    Course Level: Basic
    Field of Study: Accounting
    Content Partner: SmartPros Ltd.
    QAS: QAS Certified based on 50 minute hours.
    Course Type: Self-Study
    Minimum Passing Grade: 70%
    Soft/Hardware Reqs.:  Adobe Acrobat® Reader for the .pdf files
     Adobe® Flash® Player 9 or higher
     56k or Greater Internet Connection
     Modern DHTML Compatible Browser
     Ram: 256 MB minimum
     Sound card with speakers/headphones
     Windows or Mac OS
    Release/Expiration Dates: Jan 19, 2018 / Jan 19, 2022