This course provides a clear and practical overview of two essential accounting standards: ASC 606 on revenue recognition and ASC 842 on lease accounting. Participants will learn the five-step model for recognizing revenue, including identifying contracts, measuring transaction prices, and allocating those prices to performance obligations. The course also covers key topics such as determining when a contract exists, accurately measuring transaction prices, and presenting and disclosing contract assets and liabilities. Additionally, the course explains how to identify and classify leases, as well as the initial and subsequent measurement of leases. Presentation and disclosure requirements for leases are also included, providing participants with a solid understanding of these important standards.
The Logic Behind the Ledger - Framework, Updates, Estimates & Error Mini Course is a comprehensive self-study CPA CPE course designed to help Certified Public Accountants expand their knowledge and stay current with the latest developments in the logic behind the ledger - framework, updates, estimates & error. This course provides practical insights, real-world applications, and essential guidance that CPAs can immediately apply in their professional roles.
Throughout this course, participants will gain a deeper understanding of key concepts, best practices, and emerging trends related to the logic behind the ledger - framework, updates, estimates & error. The course is ideal for CPAs working in public accounting, corporate accounting, government, or consulting who want to strengthen their expertise while fulfilling their continuing professional education requirements.
ACCPE’s flexible self-study format allows you to complete the course at your own pace, making it perfect for busy professionals. Upon successful completion of the exam, you will receive your certificate instantly, allowing you to quickly report your credits and remain compliant with state licensing requirements.
Enroll in The Logic Behind the Ledger - Framework, Updates, Estimates & Error Mini Course today and take advantage of ACCPE’s affordable, convenient, and high-quality continuing education designed specifically for CPAs.