Revenue Recognition Step 5  

Topic 606 moved revenue recognition from the earned and realized model to a 5 step process tied to transfer of control. Step 5 of this model looks at recognition of revenue. The entity must determine in step 5 if control is transferred at a point in time or over time in meeting the performance obligations. This course looks at step 5 and the determination of when to recognize revenue.

Checkpoint Learning is committed to bringing innovative solutions to you, now including nano-learning! As per NASBA Standards, a nano-learning course is a 10-minute, electronic, self-study course in which you are eligible to earn 1/5 (or 0.2) CPE credits.

At this time, nano-learning is not accepted by all state boards. If you are not sure whether your state board accepts nano-learning, you can ask your state board or visit the NASBA registry: (nasbaregistry.org).