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ASC 606 – All you need to know about the new Revenue Recognition rules for long-term construction and similar contracts

Ratings and Review

4.2

14 Ratings

Excellent

8

Very Good

3

Average

2

Poor

0

Terrible

1

WDGI

William D. Griffith Iii, CPA (US)

Nov 30th, 2021

Enjoyed subject,, although I don't have any clients with the situations applicable to topic. Haven't done some of the topic focus years ago, many changes in how to then, are much different.

AF

Amy Futrell, CPA (US)

May 11th, 2022

This course could be improved by reducing the amount of time spent on the basics and more time talking through different examples of applying 606 to contracts. The instructor touched very briefly on an example at the very end of the session. As a student, I would prefer to see more examples, covered earlier in the session. The basics of 606 can be covered in less than an hour, leaving 45-50 minutes for examples.

JM

Johanna Matheny, CPA (US)

Dec 31st, 2021

I would recommend including an example at the begging in of the presentation that the instructor can use throughout the presentation to illustrate the material. I would have liked real life examples throughout.

AH

Aimee Hayes, CPA (US)

Jan 4th, 2022

I had already taken prior courses related to ASC 606 in general. I signed up for this class hoping it would have more focus on the construction industry. I was disappointed to discover it was another course on the basics.

Subject Area

Accounting

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