
QAS Self-Study

Overview

CPE Credits
1 Credits: Accounting
Course Description
This course provides an overview of the second step in the revenue recognition process – the identification of performance obligations. This includes a discussion of key definitions and considerations along with the detailed accounting guidance from ASC Topic 606. This course incorporates excerpts from the FASB’s basis for conclusions as well as post-implementation information provided by the FASB from its comprehensive Q&A Publication.
Learning Objectives
Upon completion of this course, you will be able to:
- List the five steps involved in the new revenue recognition model
- Recognize the criteria involved in identifying performance obligations
- Identify post-implementation issues and considerations provided by the FASB
Course Specifics
Course ID ss1223596 |
Revision Date June 6, 2022 |
Number of Pages 30 |
Prerequisites There are no prerequisites. |
Advanced Preparation None |
Compliance information
CMA Notice: Western CPE makes every attempt to maintain our CMA CPE library, to ensure a course meets your continuing education requirements please visit Insitute of Management Accountants (IMA)
Course Instructor

Kelen is a recognized author and reviewer of CPE courses and has authored over 120 courses (300+ CPE credit hours) covering a range of accounting, auditing, financial reporting, regulatory, and ethics topics. His courses are available for purchase from many online CPE providers including the AICPA. Kelen also remained involved in CPA exam content development for nearly 10 years and authored more than a thousand multiple choice questions for various sections of the CPA exam. He also serves as an Editorial Advisor for the AICPA’s “Journal of Accountancy”. Kelen has nearly 20 years of progressive finance and accounting experience. He …
Revenue Recognition – How to Identify Performance Obligations
$29.00 – $49.00

QAS Self-Study

Overview

CPE Credits
1 Credits: Accounting
Course Description
This course provides an overview of the second step in the revenue recognition process – the identification of performance obligations. This includes a discussion of key definitions and considerations along with the detailed accounting guidance from ASC Topic 606. This course incorporates excerpts from the FASB’s basis for conclusions as well as post-implementation information provided by the FASB from its comprehensive Q&A Publication.
Learning Objectives
Upon completion of this course, you will be able to:
- List the five steps involved in the new revenue recognition model
- Recognize the criteria involved in identifying performance obligations
- Identify post-implementation issues and considerations provided by the FASB
Course Specifics
Course ID ss1223596 |
Revision Date June 6, 2022 |
Number of Pages 30 |
Prerequisites There are no prerequisites. |
Advanced Preparation None |
Compliance information
CMA Notice: Western CPE makes every attempt to maintain our CMA CPE library, to ensure a course meets your continuing education requirements please visit Insitute of Management Accountants (IMA)
Course Instructor

Kelen is a recognized author and reviewer of CPE courses and has authored over 120 courses (300+ CPE credit hours) covering a range of accounting, auditing, financial reporting, regulatory, and ethics topics. His courses are available for purchase from many online CPE providers including the AICPA. Kelen also remained involved in CPA exam content development for nearly 10 years and authored more than a thousand multiple choice questions for various sections of the CPA exam. He also serves as an Editorial Advisor for the AICPA’s “Journal of Accountancy”. Kelen has nearly 20 years of progressive finance and accounting experience. He …
Revenue Recognition – How to Identify Performance Obligations
$29.00 – $49.00