Revenue Recognition: Determining and Allocating the Transaction Price

In this webcast, you'll learn how to: Determine the transaction price, including refund liabilities, variable consideration and accounting policy elections; Allocate the transaction price to performance obligations in the contract, including stand-alone selling prices, allocation of a discount and changes in the transaction price

Learning Objectives: 

• Recognize requirements for determining a transaction price 
• Recognize requirements for allocating a transaction price

Instructor: Renee Rampulla

Developer: AICPA

CPE Credits: 2

Area of Study: Accounting

Prerequisite: Experience in the application of accounting standards

Who Should Attend: Accountants and finance professionals in public practice, industry and academia who need an update on the latest revenue recognition guidance