AICPA Store Revenue Recognition Tools and Resources

AICPA Not-for-Profit Guidance, Tools and Resources

AICPA Revenue Recognition Tools and Resources

The new revenue recognition standard will eliminate transaction- and industry-specific guidance under current U.S. GAAP and replace it with a principle based approach for determining revenue recognition. This standard has the potential to affect every entity's day-to-day accounting and, possibly, the way business is executed through contracts with customers.

The AICPA has developed several free resources that will help you implement the new standard. Visit the AICPA's Financial Reporting Center Revenue Recognition page to access these resources.

CPE RESOURCES
  • Interpreting the New Revenue Recognition Standard: What All CPAs Need to Know
    Recommended CPE Credit: 4

    For years, revenue recognition has been the cause of audit failure and the focus of corporate abuse and fraud allegations. This webcast will provide you with an in-depth understanding of the framework for revenue recognition built around the core principle that is applied in a five step process. In addition, understanding the changes and new requirements is critical for successful implementation of this new standard. Supported by practical examples, this webcast will assist you in avoiding revenue recognition traps and provide you with latest FASB guidance.
  • Revenue Recognition: Mastering the New FASB Requirements
    Recommended CPE Credit: 8

    This CPE course will provide you with an in-depth understanding of the framework for revenue recognition built around the core principle that is applied in a five step process. Understanding the changes and new requirements is critical for successful implementation of this new standard. Supported by practical examples, this course will assist you in avoiding revenue recognition traps and provide you with latest FASB guidance. In addition, you will gain an understanding of how the new guidance impacts certain industries as a result of new criteria for recognizing revenue and changes in disclosure requirements.
UPCOMING CONFERENCES
 
Get up to date information on the new Revenue Recognition standard,
plus FASB and AICPA activities at
www.aicpa.org/revenuerecognition