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Revenue Recognition


  • Length: 1 Credit Hour
  • This course discusses the FASB’s new standard intended to clarify the principles for recognizing revenue.  Did it result in improved comparability of revenue recognition practices across entities, industries, jurisdictions and capital markets?

Basic Course Information

  • CPE Credits: 1
  • Program Level (Basic, Update, Intermediate, Advanced, Overview): Intermediate
  • Prerequisites: Working knowledge and experience in financial accounting and reporting for revenue recognition under existing U.S. generally accepted accounting principles.
  • Advanced Preparation: None
  • Designed For: This course is designed for all accountants in industry or public practice responsible for recognizing, presenting, disclosing or auditing an entity’s revenues from contracts with customers.
  • Producer: Florida Institute of CPAs
  • Field of Study 1: Accounting (1 hours)

Learning Objectives

  • Learning Objectives: *Describe the five major steps in the proposed revenue recognition process *Be familiar with the information and requirements necessary for each step *List significant issues to consider when planning for the implementation of the anticipated new rules for revenue recognition

Major Subjects


  • Course Developer: Florida Institute of CPAs
  • Faculty and Production Information
    • J E. Grossman, CPA, CMA, CFE, CGMA, Proprietor , J. Edward Grossman, CPA, Lakeland, FL

Course Materials

  • Course Materials
    • Course Manual (10)
    • CPE Credit Instructions_Read Before Webcast (1)

Additional Information

  • Course Registration Requirements: Online Registration
  • Refund/Cancellation Policy: Please contact the ACPEN help desk - 1-800-747-1719 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.
  • Complaint Resolution Policy: Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).
  • Official Registry Statement: Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www.nasba.org
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