Concurrent Session Online
GOV2036. Revenue & Expense Recognition - What's Ahead? - Part 2
This session will dive into the Revenue and Expense Recognition Preliminary Views document. We'll discuss why the GASB has determined that there's a need to develop a comprehensive revenue and expense recognition model and describe some of the key provisions proposed in the document.
Learning Objectives:
- Recognize the reasons the GASB is taking a comprehensive look at revenue and expense recognition.
- Identify the GASB's preliminary views regarding a new approach for categorization of revenue and expense transactions.
- Identify how certain common transactions would be analyzed under the preliminary model.
Date/Time
Oct 21
11:00 AM–11:50 AM
CPE Credits
1.0
NASBA Field of Study
Accounting
Level
Intermediate
Prerequisites
Experience with tribal accounting and auditin
Advanced Preparation
None