Revenue recognition webcast

Participants of the live webinar will be eligible for 1.5 free CPE credit.

Join RSM on May 22 as we share our insights on how the new revenue recognition standard (ASC 606) affects the business and professional services industry.

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Under the new guidance, all companies will need to evaluate whether any changes are needed to their current accounting policies and financial reporting processes and systems; this evaluation will affect more personnel than just those involved in the accounting function.

In this session we will:

  • Provide a high-level understanding of the new guidance
  • Review key dates and actions to consider for implementation
  • Discuss potential challenges associated with adopting the new guidance

Are you ready to transition to the new guidance when the effective date arrives? If not, there is still time, but don’t delay any further.

Join RSM for this program that highlights the key accounting, tax and implementation topics you will encounter in the year ahead.

Understanding & Implementing Revenue Recognition

Participants of the live webinar will be eligible for 1.5 free CPE credit.

The issuance of Accounting Standards Codification (ASC) Topic 606, Revenue from Contracts with Customers, brings a new core principle for revenue recognition that will require a change in evaluating how and when to recognize revenue. The American Institute of CPAs stated that implementing ASC 606 will likely be the most significant and comprehensive change for most entities and their auditors in many years. In Part 1 of our two-part series, we’ll provide an overview of the guidance, and Part 2 will delve into more not-for-profit-specific items and considerations.

Understanding & Implementing Revenue Recognition

Participants of the live webinar will be eligible for 1.5 free CPE credit.

The issuance of Accounting Standards Codification (ASC) Topic 606, Revenue from Contracts with Customers, brings a new core principle for revenue recognition that will require a change in evaluating how and when to recognize revenue. The American Institute of CPAs stated that implementing ASC 606 will likely be the most significant and comprehensive change for most entities and their auditors in many years. In Part 1 of our two-part series, we’ll provide an overview of the guidance, and Part 2 will delve into more not-for-profit-specific items and considerations.