Revenue Recognition: Time for Small Business Implementation!

Description

Revenue Recognition: Time for Small Business Implementation!

Implementation of the new revenue recognition standard (ASU 2014-09 aka ASC 606) is in the final stage. Hear updates, successes, and concerns on how businesses with revenue

arising from contracts with customers are applying the new requirements. Determine if your private company (or client) is on track to meet the adoption deadline.

Michael R. Whiting, CPA – Senior Manager, BDO USA LLP, Wixom

Highlights

• Overview and scope of ASC 606
• Lessons learned from public company adopters
• ASC 606 –The 5-Step Model

Objectives

• Participants walk-away with the implementation tips from public companies that can be transferred to private companies

Designed For

CPAs in public practice or those working in finance in business and industry looking for the latest revenue recognition implementation tips.