ASPE - Revenue Recognition (Live Webinar - Multi Segment)
Overview
This course addresses challenges faced by preparers of ASPE financial statements and practitioners with respect to the recognition, measurement, presentation, and disclosure of revenue transactions under ASPE.
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This course has offering(s) that take place over multiple segments: |
Course Description
Applicable for
- Professionals who prepare or review private-enterprise financial statements and want a concise, practice-ready approach to ASPE revenue.
- Practitioners seeking hands-on examples for complex arrangements (e.g., construction, multiple elements, bill-and-hold) and clearer disclosures.
Learning Objectives
By the end of this course, participants should be able to:
- Identify the sales arrangement (units of account), determine when to combine or separate contracts, and assess multiple-element arrangements.
- Determine when revenue is recognized, including delivery, customer acceptance, rights of return, consignment, and bill-and-hold scenarios.
- Allocate consideration and measure revenue for multi-element arrangements, and evaluate completed-contract versus percentage-of-completion methods where applicable.
- Assess presentation decisions (gross vs. net) and draft clear, entity-specific revenue policy and disclosure notes.
Content
Topics include:
- Scope and fundamentals of ASPE 3400; key recognition criteria and documentation.
- Determining the sales arrangement: combining contracts; units of account; side arrangements; customary business practices.
- Revenue timing topics: delivery and customer acceptance; rights of return; consignment; layaway; bill-and-hold; non-refundable upfront and licensing fees.
- Long-term contracts: completed-contract vs. percentage-of-completion; measuring progress; contract costs; onerous losses; illustrative disclosures.
- Multiple-element arrangements: identifying components, transaction price, allocation, and element-by-element recognition.
- Presentation and disclosure: gross vs. net indicators; policy disclosure examples; measurement uncertainty; pass-through costs; vendor-to-customer payments.
- Other revenue-related topics: investment income linkages, franchisor considerations, and rental-income touchpoints.
Course Dates & Registration
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PATRICIA DAHM, CPA, has been a CPA since 1985. She has a diverse background in public practice that included being a practice reviewer and Associate Partner with Deloitte. Presently, she has a small practice where she provides consulting services to various public accounting firms regarding practice management, monitoring, and technical assistance for assurance, quality management implementation, ASPE, ASNFPO and IFRS issues. Patricia also has a passion for sharing her experiences with those wanting to enter the profession and has taught various fourth-level accounting and assurance degree courses at SAIT. PATRICIA DAHM, CPA, has been a CPA since 1985. She has a diverse background in public practice that included being a practice reviewer and Associate Partner with Deloitte. Presently, she has a small practice where she provides consulting services to various public accounting firms regarding practice management, monitoring, and technical assistance for assurance, quality management implementation, ASPE, ASNFPO and IFRS issues. Patricia also has a passion for sharing her experiences with those wanting to enter the profession and has taught various fourth-level accounting and assurance degree courses at SAIT.Improving Your Virtual Learning Experience
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.
- 7
- CPD Hours
- 0
- Ethics Hours
- 0
- AML Hours
- 10
- Credits
Starting April 1, 2026, a 2.1% fee will be applied to all credit card transactions. Learn more about this fee and how it relates to PD registrations.
ASPE - Revenue Recognition (Live Webinar - Multi Segment)
- 7
- CPD Hours
- 0
- Ethics Hours
- 0
- AML Hours
- 10
- Credits
Overview
This course addresses challenges faced by preparers of ASPE financial statements and practitioners with respect to the recognition, measurement, presentation, and disclosure of revenue transactions under ASPE.
|
This course has offering(s) that take place over multiple segments: |
Course Description
Applicable for
- Professionals who prepare or review private-enterprise financial statements and want a concise, practice-ready approach to ASPE revenue.
- Practitioners seeking hands-on examples for complex arrangements (e.g., construction, multiple elements, bill-and-hold) and clearer disclosures.
Learning Objectives
By the end of this course, participants should be able to:
- Identify the sales arrangement (units of account), determine when to combine or separate contracts, and assess multiple-element arrangements.
- Determine when revenue is recognized, including delivery, customer acceptance, rights of return, consignment, and bill-and-hold scenarios.
- Allocate consideration and measure revenue for multi-element arrangements, and evaluate completed-contract versus percentage-of-completion methods where applicable.
- Assess presentation decisions (gross vs. net) and draft clear, entity-specific revenue policy and disclosure notes.
Content
Topics include:
- Scope and fundamentals of ASPE 3400; key recognition criteria and documentation.
- Determining the sales arrangement: combining contracts; units of account; side arrangements; customary business practices.
- Revenue timing topics: delivery and customer acceptance; rights of return; consignment; layaway; bill-and-hold; non-refundable upfront and licensing fees.
- Long-term contracts: completed-contract vs. percentage-of-completion; measuring progress; contract costs; onerous losses; illustrative disclosures.
- Multiple-element arrangements: identifying components, transaction price, allocation, and element-by-element recognition.
- Presentation and disclosure: gross vs. net indicators; policy disclosure examples; measurement uncertainty; pass-through costs; vendor-to-customer payments.
- Other revenue-related topics: investment income linkages, franchisor considerations, and rental-income touchpoints.
Course Dates & Registration
PATRICIA DAHM, CPA, has been a CPA since 1985. She has a diverse background in public practice that included being a practice reviewer and Associate Partner with Deloitte. Presently, she has a small practice where she provides consulting services to various public accounting firms regarding practice management, monitoring, and technical assistance for assurance, quality management implementation, ASPE, ASNFPO and IFRS issues. Patricia also has a passion for sharing her experiences with those wanting to enter the profession and has taught various fourth-level accounting and assurance degree courses at SAIT. PATRICIA DAHM, CPA, has been a CPA since 1985. She has a diverse background in public practice that included being a practice reviewer and Associate Partner with Deloitte. Presently, she has a small practice where she provides consulting services to various public accounting firms regarding practice management, monitoring, and technical assistance for assurance, quality management implementation, ASPE, ASNFPO and IFRS issues. Patricia also has a passion for sharing her experiences with those wanting to enter the profession and has taught various fourth-level accounting and assurance degree courses at SAIT.Improving Your Virtual Learning Experience
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.
Starting April 1, 2026, a 2.1% fee will be applied to all credit card transactions. Learn more about this fee and how it relates to PD registrations.