December 9, 2025


Live Webcast


NYSED 4

Auditing the Complex: Revenue and Leases Webcast

December 9, 2025
Live Webcast
NYSED 4

Auditing the Complex: Revenue and Leases Webcast

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    Instructor

    Renee
    Rampulla

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Learning Objectives

  • Understand the FASB’s comprehensive revenue recognition guidance in ASC Topic 606, Revenue from Contracts with Customers
  • Explain audit risks associated with revenue and leases
  • Discuss how to tailor the audit plan to assessed risks of material misstatement
  • Recall common substantive procedures related to revenue
  • Comprehend and apply the FASB’s comprehensive lease accounting guidance found in ASU No. 2016-02, Leases (Topic 842)
  • Understand auditing considerations related to ASC 842 subsequent accounting

Major Topics

  • Topic 606, Revenue from Contracts with Customers, including recently issued ASUs impacting Topic 606
  • The FASB’s five-step revenue recognition model, including hands-on examples and illustrations of the new guidance, including presentation and disclosure requirements
  • Performing an effective risk assessment related to revenue
  • Common internal controls and substantive audit procedures related to revenue and leases
  • ASC 842 -
  • lease accounting guidance for both lessees and lessors

CPE Credits Available

NYSED 4
4
Auditing (NYSED) - NYSED

Things to Know About This Course

Course Level

  • Basic

Professional Area of Focus

  • Auditing (NYSED)

Prerequisites

None

Advanced Preparation

None

Intended Audience

Accountants with responsibilities for auditing accounts receivable

Provider

Surgent McCoy CPE LLC

This event has ended.