Revenue Recognition (ASC 606) Fundamentals

With the revenue recognition effective date fast approaching (January 1, 2018 for most companies), KPMG Executive Education offers this seminar to explore the fundamentals of the new FASB/IASB revenue recognition standard as well as potential implementation issues. Participants will explore some of the accounting issues and interpretations that are the most impactful or misunderstood as they adopt the new revenue standard. Some industry-specific considerations will also be discussed.


In conjunction with your registration, we highly recommend you take advantage of the 6 FREE HOURS of CPE-eligible self-study content on Revenue Recognition that are made available to you as a bonus (valued at $660) to your course registration. The completion of the 5 self-studies will allow for all participants to attend the course with equivalent advance knowledge. Instructions for redeeming this premium offer will be provided in the Registration Confirmation email that you will receive upon registering for the course.

5/24/2017 New York
6/28/2017 San Diego
8/23/2017 Chicago
CPE Credit:
$1,395 **

Venue and Hotel Details


  • Scope - What's in the Model
  • Five-step Revenue Recognition Model including How it Applies to:
    • Multiple-Element arrangements
    • Software Arrangements
    • Long-Term Construction-Type and Production-Type Contracts
    • Real Estate Sales
    • Customer Payments and Incentives
    • Variable Consideration
    • Collectibility
    • Time Value of Money
  • Specific Application Issues Including:
    • Licenses
    • Warranties
    • Principal Agent Considerations
  • Cost Capitalization and Amortization Requirements
  • Impact on Disclosures
  • Allowable Transition Methods
  • When the Standard is Effective
  • Implementation and Business Considerations

Program Details

Prerequisite:   Knowledge of Basic Accounting
Preparation:   None
Level of Knowledge:   Intermediate
Field of Study:   Accounting
Delivery Method:   Group Live, Instructor-Led Course

Course Leaders

Partners and Senior Managers from KPMG's Department of Professional Practice

Course Testimonials

“This course covered not only the basics, but also delved deeply into specific transactions and guidance that were relevant to participants. We were able to ask specific questions on how to apply guidance to our company, which I appreciated. This was the best revenue training I have taken to date. Thanks!” - Senior VP & CFO, Global Agribusiness Company

  • Register Early and Save!*
    Reserve your seat in any session before midnight on May 1, 2017 and apply coupon code SPRG17WEBSITE at checkout to receive $100 off the purchase price.
  • Attend Any 2 Executive Education Courses Per Person and Save!*
    Apply coupon code COMBO300 at checkout to receive $300 off the combined purchase price.

    See other courses offered in the same week

  • Discounts Available for Groups of 3 or More!*
    For more information, call 201-505-6062 or email

* Discounts cannot be combined and must be applied at time of initial registration.

** Tuition price includes daily breakfast, lunch, and morning and afternoon refreshments.