Revenue from Contracts with Customers Seminar

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"ASC 606" or "Revenue Standard" Implementation Seminar

This seminar will detail the core principle and five steps of revenue recognition and compare and contrast the new revenue recognition standard with current US GAAP.

COURSE OBJECTIVES

  • Understand the new revenue recognition standard.
  • Understand the core principle and the five steps of revenue recognition.
  • Compare and contrast the new revenue recognition standard with current US GAAP.
  • Understand the adoption methods.
  • Review examples of transition accounting for open transactions.
  • Understand the complexities of implementing the new revenue recognition standard.

AGENDA

  • New standard overview: Who, what, when, where and why.
  • Process and scope.
  • Core principle and the five steps of revenue recognition.
  • Significant changes from US GAAP revenue recognition.
  • Adoption methods.
  • Transition accounting and examples.
  • Disclosure requirements.
  • Implementation.
  • Re-engineering of functions impacted.


Time and Location

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    September 11, 2017

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    1:00 PM - 5:00 PM

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    Marcum LLP
    53 State Street, 17th Floor
    Boston, MA  02109



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