We apologize for the brief delay in launching CFMA’s new education and certification platforms. The CCIFP Recertification deadline has been extended to April 30, 2025. We truly appreciate your patience as we put the finishing touches on changes that are designed to improve and enhance your CFMA experience!

CCIFP Overview Seminar Revenue Recognition

$55.00
Member price: $35.00

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This session teaches the US GAAP Revenue Recognition standard (ASC 606) and how the information impacts overall financial results and reporting. Attendees will understand the appropriate US GAAP revenue recognition methodologies and concepts.

Learning Objectives

  • Comprehend the definition of a contract under ASC 606.
  • Identify performance obligations and determine transaction price.
  • Understand revenue recognition methodology, including point in time and over time.
  • Understand significant judgments required by ASC 606 (i.e. contract modifications variable consideration, contract cost assets, overall loss recognition, etc.)

Prerequisites

This is an Overview level recording that was developed for construction finance professionals with at least three years of industry experience.

Course Length

The estimated time to complete the course and final exam is approximately 50 minutes, depending on the pace of the learner.

Topics:

Residential Contractors