Topic 606: Tackling the Year Two Post-Implementation Issues

Recall common implementation challenges in the adoption of Topic 606. Identify best practices to improve the effective and efficient recording of revenue prospectively. Identify opportunities to change business operation to achieve desired outcomes under Topic 606. 
Highlights

• Common sources of SEC comments related to public adoption of Topic 606
• Disclosure examples for both public and private companies
• Common errors in the application of the Topic 606 guidance
• Operational issues and changes identified in the Topic 606 implementation process and how best to address them