Course Details

Course name:

Revenue Recognition in Financial Statements

Course number:

1052.05

Number of questions:

Review: 30
Final exam: 30

Prerequisite:

None

Course level:

Basic

Recommended CPE credit:

3 CPE Hours

Recommended study time:

6 Hours

Course format:

Interactive self study
CPE credit calculated as 50% of total study time (i.e. 100 minute hour)

Reference text:

•  SEC Staff Accounting Bulletin: No. 104– Revenue Recognition in Financial Statements

Free download: http://www.sec.gov/interps/account/sab104rev.pdf

81 pages

Course last updated:

March 3, 2005

Subject classification:

SEC Practice (NJ), Accounting/Auditing (NY/all other states)

Learning objective:

To understand the SEC guidance concerning the application of generally accepted accounting principles to revenue recognition in financial statements.