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Course/Product Description
Title:

Understanding The Principles Of The FASB's New Revenue Recognition Guidance

SKU:WC-1014134
Date / Time: Recorded
Format: Webinar
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Description:

Understanding The Principles Of The FASB's New Revenue Recognition Guidance

Finally issued in May 2014 after many years in the making, the New Revenue Recognition Standard represents converged guidance by the FASB and IASB companies must follow in order to recognize revenue, and eliminates industry-specific guidance in favor of basic principles common to virtually all industries.

This live webinar will include an overview of the core principles of the new guidance and the new five-step process which must be followed for all industries, as well as the specific impacts to the following industries - technology/software, media/entertainment, and life sciences, along with specific examples and illustrations.

The discussion will also include what you need to do now to ensure that you and your company are prepared to implement this new guidance.

Agenda

Overview

  • Concepts of Revenue Recognition
  • History
  • Background
  • Scope and Transition
  • Core Principle
Detailed Concepts

Industry Impacts and Illustrations
  • Technology/Software
  • Media/Entertainment
  • Life Sciences
What to Do Now

FACULTY

David A. Katz CPA, MBA
  • Audit manager with nearly 10 years of public accounting experience
  • Provides domestic and international accounting, auditing and business consulting services to public and private clients in a variety of industries, including transportation, manufacturing, distribution, technology and professional services
  • As a member of the Technology Group, he helps serve the specialized needs of growing technology-driven companies, including software, life sciences, and cleantech as well as IT services and media companies
  • Involved in the firm's Public Companies Group
  • Member of the American Institute of Certified Public Accountants (AICPA) and New Jersey Society of Certified Public Accountants (NJSCPA)
Karen H. Schwartz CPA
  • Director in EisnerAmper's Professional Practice Group
  • Responsible for the quality assurance reviews of both publicly and privately held companies and a variety of other service lines and industries and as such, is consulted on for her expertise on accounting and auditing matters
  • Trains staff on numerous topics within EisnerAmper University, as well as performs both live presentations and webcasts for various outside groups such as the NJSCPA and Bloomberg BNA
  • Active Peer Reviewer for other CPA firms
  • Karen started her career at KPMG Peat Marwick in the Middle Market Practice Group, and spent 10 years in two CFO positions in the apparel and cosmetics industries
  • Member of the American Institute of CPAs and the New Jersey Society of CPAs, where she sits on the Accounting and Auditing Subcommittee


Cannot Attend The Live Presentation?

This presentation is also available in a recorded format, in CD version, as shown in the pricing options below.

About Webcasts / Audio Conferences / Podcasts:

Webcasts, audio conferences, and podcasts are presentations that you attend via the Internet, phone, or mobile device at a specified date and time for "live" versions, or at your convenience for "recorded" and "On-Demand" versions.

The live versions are interactive, meaning that participants can ask questions in real time, plus are a very cost-effective form of training because 1) you receive fast, convenient learning without any out-of-office time; 2) you can invite as many colleagues as you'd like to listen in on a single phone line; 3) you incur no travel expenses; and 4) you and your colleagues are back at work immediately after the session ends!

And though with recorded versions you do lose the ability to ask questions, you gain the ability to hear the presentation numerous times and to share it with others in your office.

Handout materials and the phone number for live presentations are made available to you prior to the event via email from the presenter and from the "MyAccount" link on the menu bar. Copies of the presentations are included with recorded versions.

About The Provider: Lorman Education Services has provided educational seminars and online training for professionals since 1987.

Since then, we've kept thousands of professionals in the United States and internationally current on the most pressing topics in a rapidly changing marketplace of ideas. Like you, we understand the need for concise, accurate information.

That understanding underlies each Lorman course, presenting the latest information on the laws and regulations critical to your organization's successful daily operations.

Moreover, each course receives our painstaking attention to be certain both the faculty and participants receive the individual attention necessary to achieve maximum benefit from the materials.
More Info: Contact Us For More Information
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