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Tuesday, November 18, 2025 Live Webcast

Interpreting the FASB Revenue Recognition Standard: What All CPAs Need to Know (X3-4902422)

10:00 AM - 2:00 PM EST
webcast

Vendor Platform

4 CPE Credits in AA

OVERVIEW

The effective date of FASB ASC 606, Revenue from Contracts with Customers, is upon us! Do you know which contracts are within the scope of the standard and when revenue should be recognized at a point in time of over time? This course answers those questions by providing a basic understanding of the five-step process for recognizing revenue under FASB ASC 606. Supported by practical examples, this course addresses core principles that all CPAs need to know. Recent updates to this course include the latest guidance from FASB, industry-specific examples taken from the AICPA Audit and Accounting Guide Revenue Recognition, as well as disclosure illustrations.

DESIGNED FOR

Accountants in public practice, industry, and academia who need an update on the latest revenue recognition guidance

BENEFITS

  • Recognize new revenue recognition principles.
  • Identify appropriate revenue recognition decisions.
  • Identify steps to take today to be prepared for future implementation.

HIGHLIGHTS

  • 5-step process for recognizing revenue

COURSE LEVEL

Intermediate

PREREQUISITES

Experience in the application of accounting standards.

ADVANCE PREPARATION

None

INSTRUCTOR

Renee Rampulla

Renee Rampulla, CPA, CGMA

Renee is the CEO and managing member of Rampulla Advisory Services. She has more than 30 years of professional experience as well as writes and lectures on technical accounting and auditing issues for continuing professional education (CPE) classes. Her experience in the auditing of public and privately held entities ranges from manufacturing and service sectors to financial services. She previously was a partner in a regional accounting firm in the northeast in charge of the firm’s accounting and auditing practice and quality control group. While working for the American Institute of Certified Public Accountants (AICPA), she performed professional ethics investigations; collaborated closely with senior technical committees; presented technical guidance before standard setters; and authored and updated several AICPA publications. She is a five-time recipient of the AICPA’s Outstanding Instructor Award and a recipient of the 2016 New Jersey Society of CPAs “Women of Note." Renee is a national standard setter, who currently serves as a member of the AICPA’s Auditing Standards Board (ASB). She also has served as vice president of Professional Issues for the New York State Society of CPAs (NYSSCPA), is a past member of the NYSSCPA Executive Committee and former NYSSCPA Director at Large board member. Renee also served as the chair of the NYSSCPA’s Professional Ethics Committee from 2015 – 2017, and in 2018 was the president of the NYSSCPA’s Staten Island Chapter. She was previously an adjunct lecturer at Hunter College.

PRICING

$225.00 - Member

$269.00 - Nonmember

Register Today


Note: Online pre-registration will close on November 18 at 9:30 AM.

ADDITIONAL OPTIONS

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COURSE DEVELOPER

AICPA/NJCPA