This course provides an overview of the revenue recognition standards prescribed by the Financial Accounting Standards Board (FASB) in ASC Topic 606. This course focuses specifically on the five-step model for revenue recognition including identifying a contract, identifying performance obligation, determining the transaction price, allocating the transaction price to performance obligations, and recognizing revenue.

Good, efficient course. I really like the text-based courses; the materials were thorough and I was able to gain a full understanding of the five step process to revenue recognition. The materials were well written and easily understandable as well.

A pretty good summary of the new revenue recognition, ASC 606's 5-steps process. It covers most of the important points in only 29 pages course material as compared to many more pages of related guidance form big 4 accounting firms.

This was my first course on illumeo and I was not expecting it to be PDF. But really enjoyed reading through it at my own pace and going back and reviewing areas I wasn't 100% confident on.

Very easy to follow. I need to study this subject for work and was happy to find this course. I think it helps me to refresh the concepts I learned in school and apply to work.

The course was a great introduction to the 5 steps of revenue recognition. The examples were spot on and would recommend to anyone who is interested in revenue recognition.

in the interest of full disclosure I took this gentlemen's 4 hour RevRec course and use this test as a 'reminder' opportunity. Clearly the authors approach stuck.

My first text course, and I enjoyed it more than I thought I would. Well written and thorough, it's good material that I will use almost immediately in practice.

I like the written courses. Mr. Camehl does a great job of putting together great documents to draw upon and glean necessary information from.

Great course - really challenged me to think back through the 606 model and how the steps apply to different fact patterns. Such fun.