Understanding Topic 606 Within Higher Ed Revenue Recognition

  • 1/16/2018
  • Webinar
  • Speaking Hosting

A new accounting standard, Topic 606, was issued by the Financial Accounting Standards Board (FASB) in May 2014, overhauling how institutions calculate and stay in compliance within revenue recognition.

While the majority of an institution’s contracts involve tuition and housing, there are other revenue-recognizing activities that shouldn’t be dismissed.

This webinar discussed the roadblocks your institution might face, explored things your institution can do to integrate the new standard, and learned about the five-step process to arrive at compliant revenue recognition through examples geared towards the higher education industries.

Mindy Duncan

Event materials