FINAL EXAM: To provide evidence of satisfactory completion of this self-study
course, you must successfully complete a final examination with a minimum-passing
grade of at least 70 percent.
REVIEW QUESTIONS: For self-study, the CPE Standards require the inclusion of
review questions that provide periodic learning feedback.
Program Title
Rebuilding revenue - Accounting and reporting trends in revenue
Course publication/review date
06/2021
Course expiration date
06/2022
Learning objectives
Upon completion of this training, participants should be able to:
- Describe proper accounting for contract modifications.
- Discuss proper accounting for payments to customers.
- Identify principal and agent in revenue transactions.
Instructional delivery method
QAS Self-study
Field(s) of study
Accounting
Prerequisites
Basic understanding of ASC 606
Course description
As companies are "rebuilding revenue" and adopting new go-to-market strategies, they may update their existing contractual terms or enter into new kinds of contracts with existing or new customers. Host Heather Horn, joined by National Office revenue specialists, discussed some of the accounting issues that may be encountered in these situations and "operational levers" to achieve revenue growth.
Refund/cancellation policy
No fee.
Complaint policy
For more information regarding complaint and program
cancellation policies, please contact our offices at info@madray.com.
NASBA sponsor statement
The Madray Group is registered with the National
Association
of State Boards
of Accountancy (NASBA) as a sponsor of continuing professional education on
the
National Registry
of CPE Sponsors. State Boards of Accountancy have the final authority on the
acceptance of
individual course for CPE credit. Complaints regarding registered sponsors
may
be submitted to the
National Registry of CPE Sponsors through its website:
www.nasbaregistry.org.