Select a Webcast

Note: All dates and times displayed below are in Eastern Time.

November 15, 2019
9:00AM - 1:00PM ET

$129

November 20, 2019
3:00PM - 7:00PM ET

$129

November 22, 2019
9:00AM - 1:00PM ET

$129

November 27, 2019
3:00PM - 7:00PM ET

$129

November 29, 2019
9:00AM - 1:00PM ET

$129

December 04, 2019
3:00PM - 7:00PM ET

$129

December 06, 2019
9:00AM - 1:00PM ET

$129

Webcast
4
Basic
Accounting
None

Course Description

Section 606, Revenue from Contract with customers is one of the most significant standards ever written. The impact will vary by entity, but standard will need to applied to all entities reporting under GAAP. The new standard does away with many specific rules and replaces them with a framework for revenue recognition.

In this in-depth course, Jeff Sailor will bring his truly unique presentation style to cover the most important aspects of the standard you need to know. In addition, he will include his signature video parodies, which are designed to keep you awake and reinforce the material.



Instructor

Jeff Sailor, CPA

Jeff Sailor, CPA, received a master’s degree in accounting from the University of Florida. Upon graduation, he joined the auditing staff at Peat Marwick in Jacksonville, Florida, where he worked on a large number of national accounts. Jeff has managed his own accounting firm in Ocala, Florida, since 1984. During that time, he has also developed unique auditing approaches and auditing software.

Since 1992, Jeff has been teaching accounting and auditing courses he developed to combat traditional “boring CPE.” Using a variety of creative teaching methods sprinkled with humorous video spoofs, Jeff is able to combine his in-depth accounting insights with humor in high-energy presentations. He’s also adept at presenting complex topics in a very practical, easy-to-understand manner, thus earning him rave reviews for more than 20 years. Jeff currently presents seminars, webcasts, and in-house instruction for Western CPE. He’s also a featured speaker at national conferences as well as at state and regional meetings.

For more than 10 years, Jeff has served as an AICPA peer reviewer, focusing on small firms and sole practitioners. He also served on the Resource Committee for the Private Company Financial Reporting Committee (PCFRC). Jeff has spoken at two NASBA national conferences on how to make education more engaging for practitioners.



Course Specifics

Accounting
Sep 9, 2019
None
WC11196659
None


Compliance Information

103220
Qualifies for CA Fraud: No


Learning Objectives

Upon successful completion of this course, the participant should be able to:

  • Identify to whom this standard applies
  • Describe the five steps of the framework
  • Apply the provisions to identify the contract
  • Apply the provisions to identify the separate performance obligations
  • Apply the provisions to determine the transaction price
  • Apply the provisions to allocate the transaction price
  • Apply the provisions to recognize revenue as the performance obligations are satisfied
  • Describe the required disclosures



Back to top