Webinar: Audit 406: Auditing Revenue Recognition - Common Risks
WC1522 | Course | Basic | Scheduled
Description
Auditing Revenue Recognition - Grasping the Higher Risks and Special Audit Considerations will provide tips and techniques for obtaining sufficient an
Credits
| Number of Credits | Type of Credits |
|---|---|
| 2.00 | Auditing |
Designed For
Accountants responsible for auditing revenue recognition
Prerequisites
None
Highlights
The major topics covered in this course include:
- Generally accepted accounting principles related to sales, including the newest revenue recognition model of Topic 606
- Common revenue recognition fraud schemes and potential audit responses
- Audit responses to significant risks requiring special audit consideration related to revenue recognition
Objectives
After attending this presentation, you will be able to...
- Identify typical revenue recognition risks, including the impact of applying the newest revenue recognition model of Topic 606
- Recall how to link the assessed risk of material misstatement to a detailed audit plan for revenue recognized in a contract with a customer
- Recognize special revenue recognition considerations, such as contracts with financing elements, multiple distinct performance obligations, and more
Preparation
None
Notes
Webinar Day - HELP and Assistance Instructions
- The session will open 30 minutes prior to the start time. At that time, you will receive a reminder email bringing you to your Attendee Dashboard and a link to join the webinar.
- We recommend you log in early to ensure you are ready to go when the presentation begins.
- IF YOU ARE HAVING TROUBLE LOGGING INTO THE WEBINAR, please call the CPA Crossings Customer Service Team at (877)-370-2220 Ext. #1.
Prices
- Member (Early Bird)
- $89.00
- Non-Member (Early Bird)
- $89.00
- Member
- $89.00
- Non-Member
- $89.00