This course provides a review of Section 3400 with emphasis on general recognition criteria as well as criteria for multiple-element arrangements and long-term contracts. The course supports a deeper understanding of how revenue requirements apply in practice and strengthens participants’ ability to interpret and apply the standard effectively.  

ADVISORY

This course was previously part of ASPE - Review of the Standards, which has since been divided into standalone courses. This modularization approach allows members to choose only the content most relevant to their needs. Here are all the courses that were split from ASPE - Review of the Standards. Please note that availability of offerings may vary throughout the year, and some courses are available only in On-Demand format. 

For members who require the complete curriculum, the full ASPE - Review of the Standards course remains available in On-Demand format. 

Most accounting and tax professionals will acquire substantial gains from this course, especially: 

• Practitioners seeking an overview of revenue. 
• Accounting and tax professionals working with private enterprises or not-for-profit organizations. 
  Individuals looking to strengthen their knowledge of ASPE presentation and disclosure requirements. 

• Describe ASPE disclosure requirements for revenue. 
• Identify and explain recent updates to ASPE and their impact on financial reporting. 
• Apply ASPE revenue concepts using examples that illustrate accounting presentation and disclosure considerations.

• Overview of core ASPE revenue concepts, such as recognition criteria, determination of when the percentage completion or completed contract method of revenue recognition can be used and determination of whether there are multiple revenue elements in an arrangement and how to allocate the selling price to each element. 
• Key disclosure areas for revenue, including whether the presentation of revenue should be gross or net. 
• Overview of foundational topics related to customer acceptance, bill and hold arrangements and upfront  non-refundable fees. 
• Illustrative examples, exercises, and sample disclosures that reinforce participants’ understanding of the practical application of ASPE – Revenue. 

Live webinars have varying levels of expected interaction, with some requiring microphone and camera capabilities to support a proper learning experience – please email pdreg@bccpa.ca if you have concerns. 

In general, we encourage participants to have their cameras turned on to enhance their virtual learning experience. This practice promotes a stronger connection with the instructor and fellow participants, and fosters improved communication and collaboration.

Live Webinar FAQs can be found here.  

Registration terms and conditions, including the cancellation policy can be found here. If you require further assistance, please contact the PD Department.