$399.00
Webcasts are available for viewing Monday – Friday, 8am – 8pm ET,
and Saturday & Sunday, 10am – 6pm ET.
Without FlexCast, you must start with enough time to finish. (1 Hr/Credit)
Secure Transaction CPE Credits
2 Credits: Accounting
Event Date: May 18, 2026 9:40 am
Course Level
Intermediate
Format
Conference
Course Description
This comprehensive deep dive into ASC 606, Revenue from Contracts with Customers, equips you with essential knowledge of one of the most transformative accounting standards in GAAP history. The standard’s principles-based framework replaces the previous rules-based approach, affecting virtually every entity reporting under GAAP. Join industry expert Jeff Sailor, known for his engaging and distinctive presentation style, as he breaks down the complex framework into actionable insights.
Learning Objectives
Describe the core principles and structure of ASC 606, Revenue from Contracts with Customers. Apply the five-step revenue recognition model to common and complex contract scenarios. Identify and evaluate performance obligations and determine appropriate allocation methods. Assess the impact of contract modifications on revenue recognition.
Course Specifics
26CNewOrleans-Mon-B2
Knowledge of preparing, reviewing, or auditing financial statements
Compliance Information
CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.
Meet The Experts
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 …