Access to cutting-edge industry knowledge and practices.
Comprehensive training designed to meet professional needs.
Fulfill compliance requirements while acquiring valuable skills.
Ongoing updates to course content for relevant industry trends.
Sample Certificate
What You’ll learn
With the new Revenue recognition standard’s implementation, it is required for businesses to evaluate their process to align with the new five-step model requirements. This certification utilizes a practical approach to facilitating the learning experience that allows professionals to adopt the new standards easily. It is attractive for all entities that deal in contracts with customers and professionals who desire to master revenue recognition.
Get Deeper Understanding of:
The five-step process of Revenue Recognition
Key components of each step of Revenue Recognition.
Critical approaches required to master Revenue recognition with practical examples.
Special scenarios and how it affected revenue recognition
Recommended For:
CPAs, CMAs, CFA, CVA, Accounts, and financial professionals who want to learn the new revenue recognition standard and its efficient implementation.
Professionals, business managers, and principals who desire to manage the requirements of the new Revenue Recognition standard.
Professionals and students who desire to master the new five-step revenue recognition standard process.
Why take a Revenue Recognition: Mastering the New FASB Requirements course with myCPE?
Accounting for
Certified Public Accountants (CPA-US)
1.5 CPE
Approved
Financial Accounting for
Certified Internal Auditors (CIA)
1.5 CPE
Eligible
Financial Reporting for
Certified Management Accountants (CMA)
1.5 CPE
Eligible
Accounting for
Chartered Financial Analyst (CFA)
1.5 PL
Eligible
Accounting for
Certified Fraud Examiner (CFE)
1.5 CPE
Eligible
Accounting for
Delaware Licensed Public Accountant (DE-LPA)
1.5 CPE
Eligible
Accounting for
Internal Audit Practitioner (IAP)
1.5 CPE
Eligible
Financial Reporting for
Certified Financial Forensics (CFF)
1.5 CPD
Eligible
Financial accounting for
Certified Valuation Analyst (CVA)
1.5 CPE
Eligible
Accounting for
Qualification in Internal Audit Leadership (QIAL)
1.5 CPE
Eligible
Accounting for
Iowa Licensed Public Accountant (IA-LPA)
1.5 CPE
Eligible
Accounting for
Maine Licensed Public Accountant (ME-LPA)
1.5 CPE
Eligible
Accounting for
CIPM
1.5 PL
Eligible
Financial accounting for
Certified Business Appraiser (CBA)/Master Certified Business Appraiser (MCBA)
1.5 CPE
Eligible
Financial accounting concepts for
Certified FP&A Professional (FP&A)
1.5 CE
Eligible
License details
Credits
Status
Accounting for
Certified Public Accountants (CPA-US)
1.5 CPE
Approved
Financial Accounting for
Certified Internal Auditors (CIA)
1.5 CPE
Eligible
Financial Reporting for
Certified Management Accountants (CMA)
1.5 CPE
Eligible
Accounting for
Chartered Financial Analyst (CFA)
1.5 PL
Eligible
Accounting for
Certified Fraud Examiner (CFE)
1.5 CPE
Eligible
Accounting for
Delaware Licensed Public Accountant (DE-LPA)
1.5 CPE
Eligible
Accounting for
Internal Audit Practitioner (IAP)
1.5 CPE
Eligible
Financial Reporting for
Certified Financial Forensics (CFF)
1.5 CPD
Eligible
Financial accounting for
Certified Valuation Analyst (CVA)
1.5 CPE
Eligible
Accounting for
Qualification in Internal Audit Leadership (QIAL)
1.5 CPE
Eligible
Accounting for
Iowa Licensed Public Accountant (IA-LPA)
1.5 CPE
Eligible
Accounting for
Maine Licensed Public Accountant (ME-LPA)
1.5 CPE
Eligible
Accounting for
CIPM
1.5 PL
Eligible
Financial accounting for
Certified Business Appraiser (CBA)/Master Certified Business Appraiser (MCBA)
1.5 CPE
Eligible
Financial accounting concepts for
Certified FP&A Professional (FP&A)
1.5 CE
Eligible
On Demand (video)
To explore various criteria in the step “Identify the Contract” including - Approval/commitment of parties, Identification of rights of parties, Payment terms can be identified, The contract has commercial substance, and Collection is probable.
To identify when a contract modification requires a new contract or can be combined with the original contract.
To discuss the accounting for contract and non-contract modifications.
Accounting for
Certified Public Accountants (CPA-US)
1.5 CPE
Approved
Financial Accounting for
Certified Internal Auditors (CIA)
1.5 CPE
Eligible
Financial Reporting for
Certified Management Accountants (CMA)
1.5 CPE
Eligible
Accounting for
Chartered Financial Analyst (CFA)
1.5 PL
Eligible
Accounting for
Certified Fraud Examiner (CFE)
1.5 CPE
Eligible
Accounting for
Delaware Licensed Public Accountant (DE-LPA)
1.5 CPE
Eligible
Accounting for
Internal Audit Practitioner (IAP)
1.5 CPE
Eligible
Financial Reporting for
Certified Financial Forensics (CFF)
1.5 CPD
Eligible
Financial accounting for
Certified Valuation Analyst (CVA)
1.5 CPE
Eligible
Accounting for
Qualification in Internal Audit Leadership (QIAL)
1.5 CPE
Eligible
Accounting for
Iowa Licensed Public Accountant (IA-LPA)
1.5 CPE
Eligible
Accounting for
Maine Licensed Public Accountant (ME-LPA)
1.5 CPE
Eligible
Accounting for
CIPM
1.5 PL
Eligible
Financial accounting for
Certified Business Appraiser (CBA)/Master Certified Business Appraiser (MCBA)
1.5 CPE
Eligible
Financial accounting concepts for
Certified FP&A Professional (FP&A)
1.5 CE
Eligible
License details
Credits
Status
Accounting for
Certified Public Accountants (CPA-US)
1.5 CPE
Approved
Financial Accounting for
Certified Internal Auditors (CIA)
1.5 CPE
Eligible
Financial Reporting for
Certified Management Accountants (CMA)
1.5 CPE
Eligible
Accounting for
Chartered Financial Analyst (CFA)
1.5 PL
Eligible
Accounting for
Certified Fraud Examiner (CFE)
1.5 CPE
Eligible
Accounting for
Delaware Licensed Public Accountant (DE-LPA)
1.5 CPE
Eligible
Accounting for
Internal Audit Practitioner (IAP)
1.5 CPE
Eligible
Financial Reporting for
Certified Financial Forensics (CFF)
1.5 CPD
Eligible
Financial accounting for
Certified Valuation Analyst (CVA)
1.5 CPE
Eligible
Accounting for
Qualification in Internal Audit Leadership (QIAL)
1.5 CPE
Eligible
Accounting for
Iowa Licensed Public Accountant (IA-LPA)
1.5 CPE
Eligible
Accounting for
Maine Licensed Public Accountant (ME-LPA)
1.5 CPE
Eligible
Accounting for
CIPM
1.5 PL
Eligible
Financial accounting for
Certified Business Appraiser (CBA)/Master Certified Business Appraiser (MCBA)
1.5 CPE
Eligible
Financial accounting concepts for
Certified FP&A Professional (FP&A)
1.5 CE
Eligible
On Demand (video)
To explore the concept of revenue recognition related to performance obligations that may involve components such as Options to purchase additional goods/services, identifying material rights of additional goods/services, and shipping and handling charges of goods/services.
To identify and examine factors impacting performance obligations including Principal vs. agent status, Warranties, Options for additional goods and services, Non-refundable up-front fees, Stand-ready obligations, and Rights of returns.
To analyze examples from various industries to illustrate the considerations that must be evaluated in line with both identifying performance obligations and allocating the transaction price appropriately.
Accounting for
Certified Public Accountants (CPA-US)
1.5 CPE
Approved
Financial Accounting for
Certified Internal Auditors (CIA)
1.5 CPE
Eligible
Financial Reporting for
Certified Management Accountants (CMA)
1.5 CPE
Eligible
Accounting for
Chartered Financial Analyst (CFA)
1.5 PL
Eligible
Accounting for
Certified Fraud Examiner (CFE)
1.5 CPE
Eligible
Accounting for
Delaware Licensed Public Accountant (DE-LPA)
1.5 CPE
Eligible
Accounting for
Certified Government Financial Manager (CGFM)
1.5 CPE
Eligible
Accounting for
Internal Audit Practitioner (IAP)
1.5 CPE
Eligible
Financial Reporting for
Certified Financial Forensics (CFF)
1.5 CPD
Eligible
Financial accounting for
Certified Valuation Analyst (CVA)
1.5 CPE
Eligible
Accounting for
Qualification in Internal Audit Leadership (QIAL)
1.5 CPE
Eligible
Accounting for
Iowa Licensed Public Accountant (IA-LPA)
1.5 CPE
Eligible
Accounting for
Maine Licensed Public Accountant (ME-LPA)
1.5 CPE
Eligible
Accounting for
CIPM
1.5 PL
Eligible
Financial accounting for
Certified Business Appraiser (CBA)/Master Certified Business Appraiser (MCBA)
1.5 CPE
Eligible
Financial accounting concepts for
Certified FP&A Professional (FP&A)
1.5 CE
Eligible
License details
Credits
Status
Accounting for
Certified Public Accountants (CPA-US)
1.5 CPE
Approved
Financial Accounting for
Certified Internal Auditors (CIA)
1.5 CPE
Eligible
Financial Reporting for
Certified Management Accountants (CMA)
1.5 CPE
Eligible
Accounting for
Chartered Financial Analyst (CFA)
1.5 PL
Eligible
Accounting for
Certified Fraud Examiner (CFE)
1.5 CPE
Eligible
Accounting for
Delaware Licensed Public Accountant (DE-LPA)
1.5 CPE
Eligible
Accounting for
Certified Government Financial Manager (CGFM)
1.5 CPE
Eligible
Accounting for
Internal Audit Practitioner (IAP)
1.5 CPE
Eligible
Financial Reporting for
Certified Financial Forensics (CFF)
1.5 CPD
Eligible
Financial accounting for
Certified Valuation Analyst (CVA)
1.5 CPE
Eligible
Accounting for
Qualification in Internal Audit Leadership (QIAL)
1.5 CPE
Eligible
Accounting for
Iowa Licensed Public Accountant (IA-LPA)
1.5 CPE
Eligible
Accounting for
Maine Licensed Public Accountant (ME-LPA)
1.5 CPE
Eligible
Accounting for
CIPM
1.5 PL
Eligible
Financial accounting for
Certified Business Appraiser (CBA)/Master Certified Business Appraiser (MCBA)
1.5 CPE
Eligible
Financial accounting concepts for
Certified FP&A Professional (FP&A)
1.5 CE
Eligible
On Demand (video)
To analyze how provisions that include a significant financing component impact transaction price and explore some examples of significant financing components.
To discuss how consideration payable to a customer impacts transaction price and explore examples of consideration payable to a customer.
To examine how sales-based or usage royalties impact transaction price and discuss some examples of sales-based and usage warranties.
Accounting for
Certified Public Accountants (CPA-US)
2 CPE
Approved
Financial Accounting for
Certified Internal Auditors (CIA)
2 CPE
Eligible
Financial Reporting for
Certified Management Accountants (CMA)
2 CPE
Eligible
Accounting for
Chartered Financial Analyst (CFA)
2 PL
Eligible
Accounting for
Certified Fraud Examiner (CFE)
2 CPE
Eligible
Accounting for
Delaware Licensed Public Accountant (DE-LPA)
2 CPE
Eligible
Accounting for
Certified Government Financial Manager (CGFM)
2 CPE
Eligible
Accounting for
Internal Audit Practitioner (IAP)
2 CPE
Eligible
Financial Reporting for
Certified Financial Forensics (CFF)
2 CPD
Eligible
Financial accounting for
Certified Valuation Analyst (CVA)
2 CPE
Eligible
Accounting for
Qualification in Internal Audit Leadership (QIAL)
2 CPE
Eligible
Accounting for
Iowa Licensed Public Accountant (IA-LPA)
2 CPE
Eligible
Accounting for
Maine Licensed Public Accountant (ME-LPA)
2 CPE
Eligible
Financial accounting for
Certified Business Appraiser (CBA)/Master Certified Business Appraiser (MCBA)
2 CPE
Eligible
Financial accounting concepts for
Certified FP&A Professional (FP&A)
2 CE
Eligible
Accounting for
CIPM
2 PL
Eligible
License details
Credits
Status
Accounting for
Certified Public Accountants (CPA-US)
2 CPE
Approved
Financial Accounting for
Certified Internal Auditors (CIA)
2 CPE
Eligible
Financial Reporting for
Certified Management Accountants (CMA)
2 CPE
Eligible
Accounting for
Chartered Financial Analyst (CFA)
2 PL
Eligible
Accounting for
Certified Fraud Examiner (CFE)
2 CPE
Eligible
Accounting for
Delaware Licensed Public Accountant (DE-LPA)
2 CPE
Eligible
Accounting for
Certified Government Financial Manager (CGFM)
2 CPE
Eligible
Accounting for
Internal Audit Practitioner (IAP)
2 CPE
Eligible
Financial Reporting for
Certified Financial Forensics (CFF)
2 CPD
Eligible
Financial accounting for
Certified Valuation Analyst (CVA)
2 CPE
Eligible
Accounting for
Qualification in Internal Audit Leadership (QIAL)
2 CPE
Eligible
Accounting for
Iowa Licensed Public Accountant (IA-LPA)
2 CPE
Eligible
Accounting for
Maine Licensed Public Accountant (ME-LPA)
2 CPE
Eligible
Financial accounting for
Certified Business Appraiser (CBA)/Master Certified Business Appraiser (MCBA)
2 CPE
Eligible
Financial accounting concepts for
Certified FP&A Professional (FP&A)
2 CE
Eligible
Accounting for
CIPM
2 PL
Eligible
On Demand (video)
To analyze step four of the revenue recognition model: Allocate the Transaction Price.
To explore the adjusted market assessment estimation approach, the expected cost-plus margin approach, the residual estimation approach, and examples thereof.
To inspect allocating discounts and discuss the variances between ASC 605 and 606.
Accounting for
Certified Public Accountants (CPA-US)
1.5 CPE
Approved
Financial Accounting for
Certified Internal Auditors (CIA)
1.5 CPE
Eligible
Financial Reporting for
Certified Management Accountants (CMA)
1.5 CPE
Eligible
Accounting for
Chartered Financial Analyst (CFA)
1.5 PL
Eligible
Accounting for
Certified Fraud Examiner (CFE)
1.5 CPE
Eligible
Accounting for
Delaware Licensed Public Accountant (DE-LPA)
1.5 CPE
Eligible
Accounting for
Certified Government Financial Manager (CGFM)
1.5 CPE
Eligible
Accounting for
Internal Audit Practitioner (IAP)
1.5 CPE
Eligible
Financial Reporting for
Certified Financial Forensics (CFF)
1.5 CPD
Eligible
Financial accounting for
Certified Valuation Analyst (CVA)
1.5 CPE
Eligible
Accounting for
Qualification in Internal Audit Leadership (QIAL)
1.5 CPE
Eligible
Accounting for
Iowa Licensed Public Accountant (IA-LPA)
1.5 CPE
Eligible
Accounting for
Maine Licensed Public Accountant (ME-LPA)
1.5 CPE
Eligible
Accounting for
CIPM
1.5 PL
Eligible
Financial accounting for
Certified Business Appraiser (CBA)/Master Certified Business Appraiser (MCBA)
1.5 CPE
Eligible
Financial accounting concepts for
Certified FP&A Professional (FP&A)
1.5 CE
Eligible
License details
Credits
Status
Accounting for
Certified Public Accountants (CPA-US)
1.5 CPE
Approved
Financial Accounting for
Certified Internal Auditors (CIA)
1.5 CPE
Eligible
Financial Reporting for
Certified Management Accountants (CMA)
1.5 CPE
Eligible
Accounting for
Chartered Financial Analyst (CFA)
1.5 PL
Eligible
Accounting for
Certified Fraud Examiner (CFE)
1.5 CPE
Eligible
Accounting for
Delaware Licensed Public Accountant (DE-LPA)
1.5 CPE
Eligible
Accounting for
Certified Government Financial Manager (CGFM)
1.5 CPE
Eligible
Accounting for
Internal Audit Practitioner (IAP)
1.5 CPE
Eligible
Financial Reporting for
Certified Financial Forensics (CFF)
1.5 CPD
Eligible
Financial accounting for
Certified Valuation Analyst (CVA)
1.5 CPE
Eligible
Accounting for
Qualification in Internal Audit Leadership (QIAL)
1.5 CPE
Eligible
Accounting for
Iowa Licensed Public Accountant (IA-LPA)
1.5 CPE
Eligible
Accounting for
Maine Licensed Public Accountant (ME-LPA)
1.5 CPE
Eligible
Accounting for
CIPM
1.5 PL
Eligible
Financial accounting for
Certified Business Appraiser (CBA)/Master Certified Business Appraiser (MCBA)
1.5 CPE
Eligible
Financial accounting concepts for
Certified FP&A Professional (FP&A)
1.5 CE
Eligible
On Demand (video)
To identify criteria – simultaneous receipt and consumption, creation or enhancement of an asset controlled by the customer, and to recognize revenue over some time alternative use asset.
To examine how to manage revenue satisfied at a point in time and the progress of performance obligations and properly recognize revenue.
To identify restrictions and principles for measuring progress.
Accounting for
Certified Public Accountants (CPA-US)
2 CPE
Approved
Financial Accounting for
Certified Internal Auditors (CIA)
2 CPE
Eligible
Financial Reporting for
Certified Management Accountants (CMA)
2 CPE
Eligible
Accounting for
Chartered Financial Analyst (CFA)
2 PL
Eligible
Accounting for
Certified Fraud Examiner (CFE)
2 CPE
Eligible
Accounting for
Delaware Licensed Public Accountant (DE-LPA)
2 CPE
Eligible
Accounting for
Certified Government Financial Manager (CGFM)
2 CPE
Eligible
Accounting for
Internal Audit Practitioner (IAP)
2 CPE
Eligible
Financial Reporting for
Certified Financial Forensics (CFF)
2 CPD
Eligible
Financial accounting for
Certified Valuation Analyst (CVA)
2 CPE
Eligible
Accounting for
Qualification in Internal Audit Leadership (QIAL)
2 CPE
Eligible
Accounting for
Iowa Licensed Public Accountant (IA-LPA)
2 CPE
Eligible
Accounting for
Maine Licensed Public Accountant (ME-LPA)
2 CPE
Eligible
Accounting for
CIPM
2 PL
Eligible
Financial accounting for
Certified Business Appraiser (CBA)/Master Certified Business Appraiser (MCBA)
2 CPE
Eligible
Financial accounting concepts for
Certified FP&A Professional (FP&A)
2 CE
Eligible
License details
Credits
Status
Accounting for
Certified Public Accountants (CPA-US)
2 CPE
Approved
Financial Accounting for
Certified Internal Auditors (CIA)
2 CPE
Eligible
Financial Reporting for
Certified Management Accountants (CMA)
2 CPE
Eligible
Accounting for
Chartered Financial Analyst (CFA)
2 PL
Eligible
Accounting for
Certified Fraud Examiner (CFE)
2 CPE
Eligible
Accounting for
Delaware Licensed Public Accountant (DE-LPA)
2 CPE
Eligible
Accounting for
Certified Government Financial Manager (CGFM)
2 CPE
Eligible
Accounting for
Internal Audit Practitioner (IAP)
2 CPE
Eligible
Financial Reporting for
Certified Financial Forensics (CFF)
2 CPD
Eligible
Financial accounting for
Certified Valuation Analyst (CVA)
2 CPE
Eligible
Accounting for
Qualification in Internal Audit Leadership (QIAL)
2 CPE
Eligible
Accounting for
Iowa Licensed Public Accountant (IA-LPA)
2 CPE
Eligible
Accounting for
Maine Licensed Public Accountant (ME-LPA)
2 CPE
Eligible
Accounting for
CIPM
2 PL
Eligible
Financial accounting for
Certified Business Appraiser (CBA)/Master Certified Business Appraiser (MCBA)
2 CPE
Eligible
Financial accounting concepts for
Certified FP&A Professional (FP&A)
2 CE
Eligible
On Demand (video)
To explore requirements behind step two of the revenue recognition standard “performance obligations”.
To identify differentiation between distinct and non-distinct goods/services with examples.
To identify performance obligations for multiple scenarios like Distinct goods/services, Non-distinct goods/services, Intellectual property, and Bundled goods/services.
Accounting for
Certified Public Accountants (CPA-US)
2 CPE
Approved
Financial Accounting for
Certified Internal Auditors (CIA)
2 CPE
Eligible
Financial Reporting for
Certified Management Accountants (CMA)
2 CPE
Eligible
Accounting for
Chartered Financial Analyst (CFA)
2 PL
Eligible
Accounting for
Certified Fraud Examiner (CFE)
2 CPE
Eligible
Accounting for
Delaware Licensed Public Accountant (DE-LPA)
2 CPE
Eligible
Accounting for
Certified Government Financial Manager (CGFM)
2 CPE
Eligible
Accounting for
Internal Audit Practitioner (IAP)
2 CPE
Eligible
Financial Reporting for
Certified Financial Forensics (CFF)
2 CPD
Eligible
Financial accounting for
Certified Valuation Analyst (CVA)
2 CPE
Eligible
Accounting for
Qualification in Internal Audit Leadership (QIAL)
2 CPE
Eligible
Accounting for
Iowa Licensed Public Accountant (IA-LPA)
2 CPE
Eligible
Accounting for
Maine Licensed Public Accountant (ME-LPA)
2 CPE
Eligible
Accounting for
CIPM
2 PL
Eligible
Financial accounting for
Certified Business Appraiser (CBA)/Master Certified Business Appraiser (MCBA)
2 CPE
Eligible
Financial accounting concepts for
Certified FP&A Professional (FP&A)
2 CE
Eligible
License details
Credits
Status
Accounting for
Certified Public Accountants (CPA-US)
2 CPE
Approved
Financial Accounting for
Certified Internal Auditors (CIA)
2 CPE
Eligible
Financial Reporting for
Certified Management Accountants (CMA)
2 CPE
Eligible
Accounting for
Chartered Financial Analyst (CFA)
2 PL
Eligible
Accounting for
Certified Fraud Examiner (CFE)
2 CPE
Eligible
Accounting for
Delaware Licensed Public Accountant (DE-LPA)
2 CPE
Eligible
Accounting for
Certified Government Financial Manager (CGFM)
2 CPE
Eligible
Accounting for
Internal Audit Practitioner (IAP)
2 CPE
Eligible
Financial Reporting for
Certified Financial Forensics (CFF)
2 CPD
Eligible
Financial accounting for
Certified Valuation Analyst (CVA)
2 CPE
Eligible
Accounting for
Qualification in Internal Audit Leadership (QIAL)
2 CPE
Eligible
Accounting for
Iowa Licensed Public Accountant (IA-LPA)
2 CPE
Eligible
Accounting for
Maine Licensed Public Accountant (ME-LPA)
2 CPE
Eligible
Accounting for
CIPM
2 PL
Eligible
Financial accounting for
Certified Business Appraiser (CBA)/Master Certified Business Appraiser (MCBA)
2 CPE
Eligible
Financial accounting concepts for
Certified FP&A Professional (FP&A)
2 CE
Eligible
On Demand (video)
To explore important components such as various estimation approaches for determining SSP outlined by the standard, allocation of discounts between performance obligations, and concepts of variable considerations.
To examine methods for measuring progress towards completion of a project including input method and output method.
To discuss the concepts of enforceable right of payments and components necessary when a right of return exists.
Accounting for
Certified Public Accountants (CPA-US)
1.5 CPE
Approved
Financial Accounting for
Certified Internal Auditors (CIA)
1.5 CPE
Eligible
Financial Reporting for
Certified Management Accountants (CMA)
1.5 CPE
Eligible
Accounting for
Chartered Financial Analyst (CFA)
1.5 PL
Eligible
Accounting for
Certified Fraud Examiner (CFE)
1.5 CPE
Eligible
Accounting for
Delaware Licensed Public Accountant (DE-LPA)
1.5 CPE
Eligible
Accounting for
Certified Government Financial Manager (CGFM)
1.5 CPE
Eligible
Accounting for
Internal Audit Practitioner (IAP)
1.5 CPE
Eligible
Financial Reporting for
Certified Financial Forensics (CFF)
1.5 CPD
Eligible
Financial accounting for
Certified Valuation Analyst (CVA)
1.5 CPE
Eligible
Accounting for
Qualification in Internal Audit Leadership (QIAL)
1.5 CPE
Eligible
Accounting for
Iowa Licensed Public Accountant (IA-LPA)
1.5 CPE
Eligible
Accounting for
Maine Licensed Public Accountant (ME-LPA)
1.5 CPE
Eligible
Accounting for
CIPM
1.5 PL
Eligible
Financial accounting for
Certified Business Appraiser (CBA)/Master Certified Business Appraiser (MCBA)
1.5 CPE
Eligible
Financial accounting concepts for
Certified FP&A Professional (FP&A)
1.5 CE
Eligible
License details
Credits
Status
Accounting for
Certified Public Accountants (CPA-US)
1.5 CPE
Approved
Financial Accounting for
Certified Internal Auditors (CIA)
1.5 CPE
Eligible
Financial Reporting for
Certified Management Accountants (CMA)
1.5 CPE
Eligible
Accounting for
Chartered Financial Analyst (CFA)
1.5 PL
Eligible
Accounting for
Certified Fraud Examiner (CFE)
1.5 CPE
Eligible
Accounting for
Delaware Licensed Public Accountant (DE-LPA)
1.5 CPE
Eligible
Accounting for
Certified Government Financial Manager (CGFM)
1.5 CPE
Eligible
Accounting for
Internal Audit Practitioner (IAP)
1.5 CPE
Eligible
Financial Reporting for
Certified Financial Forensics (CFF)
1.5 CPD
Eligible
Financial accounting for
Certified Valuation Analyst (CVA)
1.5 CPE
Eligible
Accounting for
Qualification in Internal Audit Leadership (QIAL)
1.5 CPE
Eligible
Accounting for
Iowa Licensed Public Accountant (IA-LPA)
1.5 CPE
Eligible
Accounting for
Maine Licensed Public Accountant (ME-LPA)
1.5 CPE
Eligible
Accounting for
CIPM
1.5 PL
Eligible
Financial accounting for
Certified Business Appraiser (CBA)/Master Certified Business Appraiser (MCBA)
1.5 CPE
Eligible
Financial accounting concepts for
Certified FP&A Professional (FP&A)
1.5 CE
Eligible
On Demand (video)
To explore the need for robust disclosure requirements with reference to components of contract balances, components of performance obligations, components of significant judgments, and components of the transaction price.
To examine assets recognized from costs to obtain or fulfill a contract that must be disclosed.
To discuss components that must be reported in interim reporting.
Accounting for
Certified Public Accountants (CPA-US)
2 CPE
Approved
Financial Accounting for
Certified Internal Auditors (CIA)
2 CPE
Eligible
Financial Reporting for
Certified Management Accountants (CMA)
2 CPE
Eligible
Accounting for
Chartered Financial Analyst (CFA)
2 PL
Eligible
Accounting for
Certified Fraud Examiner (CFE)
2 CPE
Eligible
Accounting for
Delaware Licensed Public Accountant (DE-LPA)
2 CPE
Eligible
Accounting for
Certified Government Financial Manager (CGFM)
2 CPE
Eligible
Accounting for
Internal Audit Practitioner (IAP)
2 CPE
Eligible
Financial Reporting for
Certified Financial Forensics (CFF)
2 CPD
Eligible
Financial accounting for
Certified Valuation Analyst (CVA)
2 CPE
Eligible
Accounting for
Qualification in Internal Audit Leadership (QIAL)
2 CPE
Eligible
Accounting for
Iowa Licensed Public Accountant (IA-LPA)
2 CPE
Eligible
Accounting for
Maine Licensed Public Accountant (ME-LPA)
2 CPE
Eligible
Accounting for
CIPM
2 PL
Eligible
Financial accounting for
Certified Business Appraiser (CBA)/Master Certified Business Appraiser (MCBA)
2 CPE
Eligible
Financial accounting concepts for
Certified FP&A Professional (FP&A)
2 CE
Eligible
License details
Credits
Status
Accounting for
Certified Public Accountants (CPA-US)
2 CPE
Approved
Financial Accounting for
Certified Internal Auditors (CIA)
2 CPE
Eligible
Financial Reporting for
Certified Management Accountants (CMA)
2 CPE
Eligible
Accounting for
Chartered Financial Analyst (CFA)
2 PL
Eligible
Accounting for
Certified Fraud Examiner (CFE)
2 CPE
Eligible
Accounting for
Delaware Licensed Public Accountant (DE-LPA)
2 CPE
Eligible
Accounting for
Certified Government Financial Manager (CGFM)
2 CPE
Eligible
Accounting for
Internal Audit Practitioner (IAP)
2 CPE
Eligible
Financial Reporting for
Certified Financial Forensics (CFF)
2 CPD
Eligible
Financial accounting for
Certified Valuation Analyst (CVA)
2 CPE
Eligible
Accounting for
Qualification in Internal Audit Leadership (QIAL)
2 CPE
Eligible
Accounting for
Iowa Licensed Public Accountant (IA-LPA)
2 CPE
Eligible
Accounting for
Maine Licensed Public Accountant (ME-LPA)
2 CPE
Eligible
Accounting for
CIPM
2 PL
Eligible
Financial accounting for
Certified Business Appraiser (CBA)/Master Certified Business Appraiser (MCBA)
2 CPE
Eligible
Financial accounting concepts for
Certified FP&A Professional (FP&A)
2 CE
Eligible
On Demand (video)
To review the changes to the revenue recognition process and basic principles of revenue recognition for software and technology and companies that deal in this industry.
To discuss the five-step process of revenue recognition using software and technology as an example.
To analyze the practices involving revenue recognition and accounting for costs of computer software.
Accounting for
Certified Public Accountants (CPA-US)
1.5 CPE
Approved
Financial Accounting for
Certified Internal Auditors (CIA)
1.5 CPE
Eligible
Financial Reporting for
Certified Management Accountants (CMA)
1.5 CPE
Eligible
Chartered Financial Analyst (CFA)
1.5 PL
Eligible
Certified Fraud Examiner (CFE)
1.5 CPE
Eligible
Accounting for
Delaware Licensed Public Accountant (DE-LPA)
1.5 CPE
Eligible
Certified Government Financial Manager (CGFM)
1.5 CPE
Eligible
Internal Audit Practitioner (IAP)
1.5 CPE
Eligible
Financial Reporting for
Certified Financial Forensics (CFF)
1.5 CPD
Eligible
Financial accounting for
Certified Valuation Analyst (CVA)
1.5 CPE
Eligible
Qualification in Internal Audit Leadership (QIAL)
1.5 CPE
Eligible
Accounting for
Iowa Licensed Public Accountant (IA-LPA)
1.5 CPE
Eligible
Accounting for
Maine Licensed Public Accountant (ME-LPA)
1.5 CPE
Eligible
CIPM
1.5 PL
Eligible
Financial accounting for
Certified Business Appraiser (CBA)/Master Certified Business Appraiser (MCBA)
1.5 CPE
Eligible
Financial accounting concepts for
Certified FP&A Professional (FP&A)
1.5 CE
Eligible
License details
Credits
Status
Accounting for
Certified Public Accountants (CPA-US)
1.5 CPE
Approved
Financial Accounting for
Certified Internal Auditors (CIA)
1.5 CPE
Eligible
Financial Reporting for
Certified Management Accountants (CMA)
1.5 CPE
Eligible
Chartered Financial Analyst (CFA)
1.5 PL
Eligible
Certified Fraud Examiner (CFE)
1.5 CPE
Eligible
Accounting for
Delaware Licensed Public Accountant (DE-LPA)
1.5 CPE
Eligible
Certified Government Financial Manager (CGFM)
1.5 CPE
Eligible
Internal Audit Practitioner (IAP)
1.5 CPE
Eligible
Financial Reporting for
Certified Financial Forensics (CFF)
1.5 CPD
Eligible
Financial accounting for
Certified Valuation Analyst (CVA)
1.5 CPE
Eligible
Qualification in Internal Audit Leadership (QIAL)
1.5 CPE
Eligible
Accounting for
Iowa Licensed Public Accountant (IA-LPA)
1.5 CPE
Eligible
Accounting for
Maine Licensed Public Accountant (ME-LPA)
1.5 CPE
Eligible
CIPM
1.5 PL
Eligible
Financial accounting for
Certified Business Appraiser (CBA)/Master Certified Business Appraiser (MCBA)
1.5 CPE
Eligible
Financial accounting concepts for
Certified FP&A Professional (FP&A)
1.5 CE
Eligible
On Demand (video)
To explore the concept of revenue recognition related to performance obligations that may involve components such as Options to purchase additional goods/services, identifying material rights of additional goods/services, and shipping and handling charges of goods/services.
To identify and examine factors impacting performance obligations including Principal vs. agent status, Warranties, Options for additional goods and services, Non-refundable up-front fees, Stand-ready obligations, and Rights of returns.
To analyze examples from various industries to illustrate the considerations that must be evaluated in line with both identifying performance obligations and allocating the transaction price appropriately.
Disclaimer : Before attending any course, please verify that the credit details align with your qualification requirements. This certificate is designed to help you acquire new skills and knowledge, which may or may not fulfill specific compliance criteria. While we have made every effort to ensure our courses adhere to compliance standards, we recommend reviewing the details to confirm applicability for your needs.
Instructors
Lynn Fountain
Owner, Lynn Fountain Consulting and Training
Lynn
Fountain has over 39 years of experience spanning public accounting, corporate
accounting and consulting. 20 years of her experience has been working in the
areas of internal and external auditing and risk management. She is a subject
matter expert in multiple fields including internal audit, ethics, fraud
evaluations, Sarbanes-Oxley, enterprise risk management, governance, financial
management and compliance. Lynn has held
two Chief Audit Executive (CAE) positions for international companies. In one
of her roles as CAE, she assisted in the investigation of a multi-million-dollar
fraud scheme perpetrated by a vendor that spanned 7 years and implicated 20
employees. The fraud was formally
investigation by the FBI and resulted in 5 indictments estimating a $13M fraud loss.
Ms. Fountain is currently engaged in her own consulting and training practice. She has successfully executed on several consulting assignments spanning areas of accounting, risk, ERM and internal audit. She is a highly sought-after trainer and international speaker and has produced hundreds of courses delivered through seminars, conferences and on-demand training. She is the author of three separate technical books.
Raise
the Red Flag – The Internal Auditors Guide to Fraud Evaluations”.
Leading
the Internal Audit Function
Ethics
and the Internal Auditor’s Dilemma
Ms.
Fountain obtained her BSBA from Pittsburg State University and her MBA from
Washburn University in Kansas. She has her CPA, CGMA, CRMA credentials.
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Great Course with Clear Explanations
“This is a great course. It had good content and set clear explanations. I enjoyed it.”
Miles Jordon , CPA US
Accountant
Exceeded Expectations with Well-Structured Examples
“This course went beyond my expectations! The examples are well structured and it really made the learning experience great.”
James Basham , CVA
Valuation Analyst
Detailed Examples for Managing Complex Situations
“Loving the certificate course. I have got some very useful pointers to manage the situations I usually get in. Good notes and detailed examples made the course shine.”
The “Revenue Recognition: Mastering the new FASB Requirements (ASC 606)” course covers a vast variety of topics to help you master the new FASB requirements. It provides an overview of Revenue Recognition ASC 606 and discusses principles and five-step revenue model. It shares the impact of the new standard on various concepts related to revenue recognition across various industries. It also covers identifying contracts, performance obligations, and transaction prices with examples. It covers various case scenarios to help provide a hands-on experience. It covers disclosure requirements, COVID implications, and the role of software and technology that influences revenue recognition.
Covering the vast area of topics to understand ASC 606, the “Revenue Recognition: Mastering the new FASB Requirements (ASC 606)” course provides examples and an understanding of various parts of its implementation. It provides a key understanding of the five-step model and case scenarios to implement the application of the new FASB requirements of ASC 606. It provides you an opportunity to successfully implement ASC 606 with disclosure requirements, special implications like COVID, and the role of software and technology. Thus, the “Revenue Recognition: Mastering the new FASB Requirements (ASC 606)” certification provides a good opportunity to master the FASB requirements of Revenue Recognition as per ASC 606.
Certificate course is created by a qualified and experienced instructor(s). myCPE Certificate Courses includes Self-study Courses. Most of the courses are in the form of On-demand Videos. The Self-study Video courses in Certificate courses may be Live recorded presentations converted into Self Study (On-Demand Videos).
You can take your time and attend the course at your own pace. You can take exam unlimited time. So, don’t worry, if you are not able to pass an exam. You will be getting a chance to attend the exam again.
After completion of each course of this Certification Programs, you will be able to download a certificate with the course title and number of hours. Certificates, as well as your study records, are stored for life and you can access them anytime. Certificates are valid proof for your continuing education credits and you can also add it as an additional designation.
Once you register you will have complete access to all the courses of this Certification Programs. The self-study format allows you to access the material online 24x7 and study at your own pace.
As per NASBA guidelines, you have one year from date of purchase of your certificate to complete each program. After completion of each course, you can attend final exam any time and get CPE Credit instantly. You can retake the exam multiple times without any additional charges.
Course have minimum passing score of 70% in the final exam and you can take multiple attempts of the said exam.
Our video player tracks & stores the watch time and will show you in the progress bar. But you make sure that you don’t fast forward or manually try to move the progress bar. If you have fast forwarded the video or tried to manually move the progress bar of the video. System wouldn’t capture your watch time. So please, let the video go on its own. However, being on-demand video you can pause and play and whenever you want and you can watch it in pieces. It will pick up from where you left off. So, for a self study courses you will have to
1. Complete the entire video 100%.
2. Answer all the review questions correctly. The review questions are at the bottom of the same page where you are viewing the course video.
3. Once you have watched the whole video and answered all the review questions, the Final Quiz will open up. You need to score more than 70%
in the Final Quiz to avail your CPE credit. Multiple attempts are allowed for submitting Review and Final Quiz questions.
4. Once you have completed the Review and Final quiz questions, you shall be able to download the credit certificate from the ‘My Certificates’ section. Kindly ensure you have allowed Multiple File download from your web browser to download all certificates.
5. You can download individual certificate from your "Account" as well as from this page once you complete a particular courses. Also, you can download "Consolidated Certificate" from the package page or from your account.
A Self-study course is a recorded video (If it’s a recording of a live course you may see polling questions appearing on the screen. You do not need to answer the polling questions and just let the video play). Do not fast forward. If you fast forward, we may not be able to capture your watch time and you may be required to watch it multiple times. In order to avail your credits for the self-study course, you need to answer the review questions correctly and complete the entire video. Once you have done that, the Final Quiz will open up in which you need to score a minimum 70% to qualify for the credit. You can attempt multiple times for answering the review questions and Final quiz questions. Once you have completed the Review and Final quiz questions, you shall be able to download the credit certificate from ‘My Certificates’ section.
If neither of the above cases works, please drop an email to support@my-cpe.com or contact our support team through live chat support.
The evaluation form will be sent to attendees in the next 24 hours after passing the final quiz with at least 70% marks. Kindly note that the evaluation form will only be available to attendees who remained logged in till the end of the course and answered all the polling questions.
MY-CPE LLC is PCI Compliant - Approved. myCPE uses a secure payment gateway (Stripe.com) to process your payment details. This payment gateway is in accordance with the PCI-DSS Compliance. Therefore, your payment details are secure through SSL encryption. CLICK HERE to view our PCI compliance certificate. Once you have register for the package and paid for it you shall not be granted any refund unless you are not able to access courses for any reason etc.
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