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Contract Costs, Disclosures, and Tax Considerations in ASC 606

Accounting

Contract Costs, Disclosures, and Tax Considerations in ASC 606

Course 21254A · 2 hrs · CPA

Wrapping up the ASC 606 series, this course covers contract costs, presentation rules, and the disclosure requirements that come with the standard. It also addresses transition guidance and effective dates, so you understand how organizations moved to the new standard. Critically, it explores the concept of applicable financial statements and how the Tax Cuts and Jobs Act intersects with ASC 606—making it especially relevant for tax professionals navigating the relationship between financial reporting and tax compliance.

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  • Hours: 2
  • Exam questions: 4
  • Eligible for: CPA
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NASBA Area: Accounting

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Contract Costs, Disclosures, and Tax Considerations in ASC 606
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Pacific CPE is a NASBA-approved and IRS-approved provider of online self-study continuing professional education (CPE) for CPAs, Enrolled Agents (EAs), and other tax professionals.

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We currently offer 334 active self-study courses in Accounting, Auditing, Business, Ethics, and Taxes. Each course is 2 credit hours and can be read online or downloaded as a PDF, with audio versions available for select courses. Exams are taken online with instant grading, retakes are free, and completion certificates are available immediately in your account.

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