1-Hour Program

See Credit Details Below


CPE credit (NASBA QAS Self-Study) is available by completing and passing the program’s CPE Review & Exam.

This program offers CPE (NASBA) and CLE credit. CLE credit may be expired in some states. Please check the credit calculator below for credit status.

Upon the successful completion of this program, the participant will be able to:

  • Recall the key elements of the revenue recognition requirements in ASC Topic 606 and IFRS Statement 15.
  • Apply lessons learned from real-world SEC revenue recognition comment letters.
  • Use frequent revenue recognition comments to help avoid receiving revenue recognition comments in SEC comment letters.

Course Overview:

This program will focus on:

  • Review of the FASB and IASB revenue recognition standards
    • Accounting Standards Codification Topic 606
    • IFRS Statement 15
    • Interpretations
  • Detailed real-world examples of company disclosures and subsequent SEC comments
  • Explanation of the basis for each SEC comment
  • Detailed examples of company responses and follow-on SEC comments
  • Discussion of frequent comment issues for revenue recognition
  • Discussion of how to avoid revenue recognition comments

 CPE Program Level:  Update 

Intended Audience:  Accountants and attorneys who deal with SEC reporting and disclosure and related accounting issues, including CFOs, controllers and their staff, internal auditors, partners of public accounting firms and their staff, in-house counsel, and outside attorneys

Prerequisites:  A basic understanding of the SEC’s comment letter process. 

Advanced Preparation:  None

Instructional Method: QAS Self-Study

Updated:September 2023

Credit Information: 1 CPE credit is available upon completion of this program’s 3 content-review questions and a minimum passing score of 70% on the 5-question final exam.




Credit Details

You May Also Like