Now that you have a good understanding of accounting for revenue recognition in accordance with U.S. GAAP and the 5-step model found within ASC 606 Revenue from Contracts with Customers, it’s time to dive into some specific issues associated with the revenue recognition standard. Do you know how to identify a material right in a contract? What about identifying whether you are a principal or an agent? How about accounting for contract modifications? No worries. This CPE-eligible, eLearning course (1.0 CPE) has you covered, answering those questions and more! This online course also covers other practical application issues associated with the 5-step model such as accounting for warranties and right of return.