Now that you’ve been introduced to the 5-step model within ASC 606, Revenue from Contracts with Customers, it’s time to take your learning to the next level! In this CPE-eligible, eLearning course (1.0 CPE), we dive into the last step (step 5), recognizing revenue. The last step of the 5-step model is to recognize revenue when (point in time) or as (over time) the entity satisfies a performance obligation. But how does an entity know when to recognize revenue? Don't worry, we cover the answer to this question and other important considerations as it relates to recognizing revenue under step 5 in this interactive online course.