ASC 606 Insights: Licensing Revenue and Financial Statement Disclosures (RFSD) (Downloadable PDF)
Provider: Surgent Accounting and Financial Education
Accounting
2 CPE Credits
QAS self study
This course provides an overview of critical challenges companies encounter under ASC 606, emphasizing several key areas that can be particularly challenging for effective revenue recognition. This includes licensing arrangements, with an emphasis on how to recognize revenue from agreements that grant customers rights to use or access intellectual property. This course also addresses the requirements and challenges with respect to financial statement disclosures.