Revenue Recognition: Practical Approaches to Implementation

Aug 23
8:00 - 11:30 a.m.

Hershey Lodge
Hershey - Map

4-A&A
CPE Credits

Get a comprehensive explanation of ASU 2014-09 (Revenue Recognition) and its impact on your company or clients. Become familiar with fundamental principles of the contract-based approach to revenue. Analyze real-life, industry-specific implementation issues using the FASB's five-step approach. Prepare to navigate through transition, disclosure, and presentation challenges.
Highlights
  • What can be learned from companies who have already implemented revenue recognition
  • Analyzing contracts using the five-step model
  • Accounting for contract pricing uncertainties
  • Percent of completion and long-term contracts
  • Multiple deliverables and contract separation
  • Capitalizing contract costs
  • Effective date and transition implications
  • How GAAP for warranties, advanced payments, returns, and variable pricing will change

Registration

PICPA Member: $139
Nonmember: $189

More Information

Course No. 753401 Level: Update

Prerequisites: None

Notes

Taught by the course author!

This is a four-credit morning seminar (8:00 - 11:30 a.m.; 7:30 a.m. registration)

Speaker(s)

Ray Thompson

Assoc Professor Accounting & Finance