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Revenue recognition and debt versus equity factors for life sciences
October 25, 2023 @ 12:00 pm - 1:00 pm EDT
Free
Participants of the free live webinar will be eligible for 1 CPE credit.
This webinar will cover technical accounting and related audit issues regarding revenue recognition and financing transactions in life sciences.
These topics are particularly relevant for companies navigating the complexities in applying U.S. generally accepted accounting principles (GAAP) to capital arrangements – such as debt, convertible stock, and warrants – and the revenue recognition rules for life sciences companies’ customer contracts. Additional emphasis will be placed on the audit considerations relevant to these topics to supplement the accounting discussions.
By the end of this session, participants will be able:
- Recognize complexities in applying ASC 606 to customer contracts, including contract research organization arrangements, contract development and manufacturing organization arrangements, gross to net, and point-in-time versus over-time revenue recognition
- Identify terms and conditions in capital transactions that might require separate accounting per ASC 815 as well as certain terms and conditions that affect balance sheet classification per ASC 480
Who should attend?
CFOs, controllers, chief accounting officers, directors of financial reporting, directors of SEC reporting, directors of technical accounting, internal audit directors, VPs of finance, and financial planning and analysis directors
Presenters
Ron Melling, Partner, Audit & Assurance
Kristin Orrell, Managing Director, Accounting Advisory
Matt Geerdes, Accounting Advisory
Additional information
For additional information, please contact Gillian Siemelink.
Continuing professional education
Prerequisites: None
Program level: Basic
Advance preparation: None
Delivery method: Webinar (group internet based)
Field of study: Accounting
This session is recommended for 1.0 hour of CPE credit.
Note: All participants MUST be logged into the webinar INDIVIDUALLY to receive CPE credit. CPE credit will only be granted in the name of the individual logged into the LIVE presentation. Crowe is unable to grant CPE credit for groups viewing the webinar or for viewing on-demand recordings of the webinar.
There is no registration fee for participating in this webinar; therefore, there is no cancellation fee.
