Application of the New Revenue Standard
This webinar provided a summary of key points of the new revenue standard, including updates from the AICPA’s revenue recognition task force. This presentation also included a discussion of the five steps of the new revenue model and application to various industries including construction, manufacturing, nonprofits and healthcare.
During this webinar, attendees learned about the following:
- Understand key points and terminology in the new revenue standard
- Understand the five steps of the revenue standard
- Learn to apply the revenue standard to basic industry scenarios for construction, manufacturing, nonprofits and healthcare