Implementing Topic 606: Tackling the Tough Issues in Adopting the New Revenue Recognition Standard Webinar
Nov 22 9:00 - 5:00 p.m.
Online
8-A&A CPE Credits
Whether you are ready or not, the effective date of the new revenue recognition standard is right around the corner. The time to execute your implementation plan is now. Are you ready? In this course, in addition to reviewing the five-step revenue recognition model and the recent Updates that impact the standard, we will explore some industry specific topics that have been challenging for entities adopting the new standard. Topics covered include identifying performance obligations, licenses, customer loyalty programs, other “material right” options, plus other transition issues such as the impact on income taxes and financial systems. As you sprint toward implementation, this course will help make sure that the wind stays at your back. Highlights
Apply the FASB’s new revenue recognition guidance found in ASC Topic 606
Describe the FASB’s new five-step revenue recognition model
Discuss the presentation and disclosure requirements in the new standard
Utilize hands-on examples and illustrations to increase your overall understanding and application of the material
Comprehend industry and issue specific guidance related to revenue recognition
Identify operational implementation issues related to adopting the new standard
Registration
PICPA Member: $239 Nonmember: $339
More Information
Course No.
NRRS-2019-01-WEBNR-326-01
Level:
Intermediate
Prerequisites:
Experience in financial accounting and reporting
Speaker(s)
Richard Daisley
Surgent McCoy CPE LLC
Richard Daisley,
CPA
Rich is a CPA and
has over 25 years of experience in the accounting and auditing field. He has
worked in both the client service setting as well as in internal capacities as a
facilitator of accounting and auditing courses.He was an assurance manager with PwC,
spending time in both the assurance practice as well as with PwC’s Capital
Markets and Accounting Advisory Services group, where he advised clients on the
implementation of new accounting pronouncements as well as on issues related to
public offerings. Rich also worked in PECO Energy’s Merger and Acquisition
group, where he performed financial due diligence that supported PECO’s
acquisition activity in the energy sector. He has experience in the
manufacturing, health care, energy, and pharmaceutical
industries.
Prior to joining
Surgent, Rich also has more than 10 years of experience as a course developer
and facilitator, creating and leading training courses on such topics as revenue
recognition, stock based compensation, equity instruments and performing
integrated audits under the Sarbanes-Oxley legislation. He also designed and
delivered courses on instructor development and facilitation skills to senior
PwC internal course instructors.
In 2015 he joined
Surgent as Director, Accounting & Financial Reporting Content. In this role,
he researches and develops the technical content for Surgent’s Accounting and
Financial Reporting curriculum.