Skip to main content
Not Found
Live Webcast Replay

Revenue Recognition - Determine the Transaction Price - Part 1

Total Credits: 1.2 including 1.2 Accounting - Technical

Average Rating:
Not yet rated
Categories:
ACPEN Industry Institute |  Accounting and Auditing
Faculty:
Lynn Fountain
Course Levels:
Intermediate
Duration:
1.2 Hour
License:
Product Setting: Expires 30 day(s) after program date.
Dates
Please Note: Programs with a ☾ insignia begin after 5pm or air on the weekend.
Save for Later  Add to Cart »

Description

The new revenue recognition standard outlines five steps for proper compliance. At the surface, these steps seem simplistic. However, there are many considerations that should be considered within each step based on your process and industry. Previous courses in this series have covered the standard at a high level and evaluated step one and two of the standard. They are:

  • Understanding the Revenue Recognition Standard
  • Revenue Recognition: Identify the Contract - Part One
  • Revenue Recognition: Identify the Contract - Part Two
  • Revenue Recognition: Identify Performance Obligations – Part One
  • Revenue Recognition: Identify Performance Obligations – Part Two
  • Revenue Recognition: Determine Transaction Price - Part 1
  • Revenue Recognition: Determine Transaction Price - Part 2
  • Revenue Recognition: Allocate the Transaction Price
  • Revenue Recognition: Recognize Revenue

    
This segment is designed to evaluate Step Three of the new model dealing with Determining the Transaction Price.

Basic Course Information

Learning Objectives
  • Identify considerations when evaluating transaction price
  • Explore the concepts of variable consideration
  • Identify methods to determine variable consideration
  • Explore the concept of variability constraints
  •  Identify what constitutes implied variability
  • Practice your knowledge with examples

Major Subjects
  • Revenue Recognition
  • Accounting

Course Materials

Important CPE Credit Instructions_READ BEFORE WEBCAST UPDATED (442.7 KB) Available after Purchase
Revenue Recognition - Determine the Transaction Price - Part 1 Handout (398.1 KB) Available after Purchase
Terms (39.3 KB) Available after Purchase

Faculty

Lynn Fountain's Profile

Lynn Fountain Related Seminars and Products

Lynn Fountain has over 45 years of experience spanning public accounting, corporate accounting and consulting. 20 years of her experience has been working in the areas of internal and external auditing and risk management. She is a subject matter expert in multiple fields including internal audit, ethics, fraud evaluations, Sarbanes-Oxley, enterprise risk management, governance, financial management and compliance. Lynn has held two Chief Audit Executive (CAE) positions for international companies. In one of her roles as CAE, she assisted in the investigation of a multi-million-dollar fraud scheme perpetrated by a vendor that spanned 7 years and implicated 20 employees. The fraud was formally investigation by the FBI and resulted in 5 indictments estimating a $13M fraud loss.Ms. Fountain obtained her BSBA from Pittsburg State University and her MBA from Washburn University in Kansas. She has her CPA, CGMA, CRMA credentials.

Dates

Fri, Feb 28, 2025 - 10:00am to 11:07am HAST
Fri, Mar 07, 2025 - 12:00pm to 01:07pm HAST
Sat, Mar 22, 2025 - 03:00am to 04:07am HAST
Tue, Apr 08, 2025 - 01:00pm to 02:07pm HAST
Fri, Apr 25, 2025 - 07:00am to 08:07am HAST
Fri, May 02, 2025 - 09:00am to 10:07am HAST
Thu, May 22, 2025 - 11:00am to 12:07pm HAST
Thu, Jun 05, 2025 - 03:00am to 04:07am HAST
Wed, Jun 25, 2025 - 05:00am to 06:07am HAST
Thu, Jul 03, 2025 - 07:00am to 08:07am HAST
Mon, Jul 21, 2025 - 09:00am to 10:07am HAST
Mon, Aug 04, 2025 - 11:00am to 12:07pm HAST
Thu, Aug 21, 2025 - 01:00pm to 02:07pm HAST
Mon, Sep 08, 2025 - 05:00am to 06:07am HAST
Thu, Sep 18, 2025 - 07:00am to 08:07am HAST
Tue, Oct 07, 2025 - 09:00am to 10:07am HAST
Fri, Oct 17, 2025 - 11:00am to 12:07pm HAST
Tue, Nov 04, 2025 - 04:00am to 05:07am HAST
Mon, Nov 17, 2025 - 06:00am to 07:07am HAST
Fri, Dec 05, 2025 - 08:00am to 09:07am HAST
Wed, Dec 17, 2025 - 10:00am to 11:07am HAST
Mon, Jan 05, 2026 - 12:00pm to 01:07pm HAST
Thu, Jan 22, 2026 - 02:00pm to 03:07pm HAST
Wed, Feb 11, 2026 - 06:00am to 07:07am HAST
Mon, Feb 23, 2026 - 08:00am to 09:07am HAST
Fri, Mar 06, 2026 - 10:00am to 11:07am HAST
Tue, Mar 24, 2026 - 11:00am to 12:07pm HAST
Thu, Apr 02, 2026 - 03:00am to 04:07am HAST
Wed, Apr 22, 2026 - 05:00am to 06:07am HAST
Mon, May 04, 2026 - 07:00am to 08:07am HAST
Wed, May 27, 2026 - 09:00am to 10:07am HAST
Tue, Jun 02, 2026 - 11:00am to 12:07pm HAST
Mon, Jun 22, 2026 - 03:00am to 04:07am HAST

Additional Info

Basic Course Information

Prerequisites Suggested - Revenue Recognition Overview
Advanced Preparation Suggested - Other Revenue Recognition Courses in this Series
Designed For

Accountants, Finance Professionals, Auditors, Internal Auditors

 


Original Recording Date 2/2025
Yellow Book No
Course Developer Lynn Fountain, CPA, CGMA, CRMA, cPIA, MBA
Date Added to Catalog 02/2025

Additional Information

Complaint Resolution Policy

Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199). 


Official Registry Statement

Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org


Instructional Delivery Method

Group Internet Based


Course Registration Requirements

Online Registration


Refund/Cancellation Policy

Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer. 


Reviews

Back to Top