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Revenue Recognition Changes to Surety Underwriting
July 17, 2018 @ 1:00 pm - 2:00 pm EDTFree
Participants of the live webinar will be eligible for 1 free CPE credit.
The implementation of FASB ASC 606 will affect contractor balance sheets and income statements in several ways. Many of these changes will affect traditional surety underwriting considerations, although the actual operations of a contractor will not necessarily change.
During this webinar, we will discuss the underlying drivers and potential magnitude of the changes expected in financial statements.
As a result of participating in this event, you should be able to:
• Identify the impact of FASB ASC 606 on WIP schedules, balance sheets, and income statements
• Explain how contractors are currently preparing for these change
• Assess the significance of the changes related to surety underwriting
Who should participate:
Surety bond agents and personnel from insurance company surety departments
July 17, 2018
1:00 – 2:00 p.m.