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ASC 606 - Revenue Accounting - The 5 Step Model

Автор: Accounting Academy

Загружено: 2025-01-08

Просмотров: 2245

Описание: #accounting #seminar #revenue #606 #learning #learn
This video focuses in on ASC 606 Revenue accounting. It looks at the complexity in each step of the 5 Step Model and includes lots of examples.

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0:00 Step 1 - Identify the Contract
6:30 Step 2 - Performance Obligation
16:55 Step 3 - Transaction Price
25:15 Step 4 - Allocation
34:45 Step 5 - Recognition
41:30 Other Considerations

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ASC 606 - Revenue Accounting - The 5 Step Model

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