Identify the five steps of the new revenue recognition model, and review best practices and lessons learned from early adopters. Apply the guidance to entities using SOP 81-1. Highlights
Applying Topic 606 to long-term contracts
Recognizing revenue over time vs. a point in time
Unique considerations for entities using SOP 81-1
Registration
PICPA Member: $139 Nonmember: $189
More Information
Course No. 766400Level: Intermediate
Prerequisites:
None
Speaker(s)
Richard Daisley
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.