New Revenue Recognition Standards: Surviving the New FASB Requirements
Recording Price: $199.00
(Includes Proprietary Materials)
When the FASB deferred new revenue recognition adoption requirements, it was because you'll need all the time you've got. You need full command of the complex and time-consuming regulations to implement the new policies that will keep your company out of hot water. Join us for a live, 90-minute webinar to discover:
How to apply the five-step approach to revenue recognition
Keys for compliance: What practices will need to change
Which industries will feel the effect the most - and how to prepare
Challenges the new standards pose: Keys to navigating pitfalls
Revenue Recognition Updates In ASU 2014-09: A Complete Overhaul
"Rules-based" vs. "principles-based" standards: What's new and why
Pitfalls associated with the new standards and how to avoid them
The five-step process: Understanding the new standardized platform
How to Assess and Implement the Specific Changes Your Company Needs
Revenue Recognition Updates: What changes and what stays the same
Where judgment and analysis will replace rules and restrictions
How changes will impact key performance measures and strategy
Maintain Compliance: Keys for Adopting New Revenue Reporting Standards
Preparing before the adoption date: What you should be doing today
Accounting processes and financial statements: Determining impact
Pervasive business implications: How compliance will change everything
Live Question & Answer Session - Have your questions answered by the expert!
About The Speaker
Scott Taub is a Managing Director of Financial Reporting Advisors, LLC (FRA) and is a current member of the FASB/IASB Joint Transition Resource Group for Revenue Recognition. Mr. Taub spent 6 1/2 years as a Professional Accounting Fellow, Deputy Chief Accountant, and Acting Chief Accountant at the Securities and Exchange Commission (SEC). He played a key role in the implementation of the Sarbanes-Oxley Act, and was responsible for the day-to-day operations of the Office of the Chief Accountant.
Mr. Taub represented the SEC before accounting standard-setters, the US Congress, and many other bodies. He also chaired the accounting committee of the International Organization of Securities Commissions (IOSCO).
Mr. Taub is a frequent speaker, having addressed numerous audiences sponsored by a variety of organizations such as the Financial Executives International, the AICPA, the Institute of Management Accountants, the Securities Regulation Institute, and the Practising Law Institute.
He is also co-author of the Revenue Recognition Guide, a comprehensive guide to accounting for revenue recognition published by CCH.
Join us for this 90-minute webinar to discover the FASB's newest revenue recognition standards and what your company will need to make the transition and stay in compliance.