Insights: Webinar

A 5-Step Guide for Determining Revenue Recognition Under the New ASC 606

Event Description: Eide Bailly professionals will share compelling reasons why your organization should be evaluating the new standards now. This standard and its various related amendments bring a far-reaching overhaul to the accounting for revenue and related financial statement disclosure that affects virtually every entity producing financial statements.

Learning Objectives:

  1. Overview of revenue recognition rules for financial statement purposes
  2. Outline the changes between the old and new rules
  3. A look at the process before the December 15, 2018 deadline
  4. Discuss tax implications of changes to revenue recognition rules and interaction with tax reform provisions
  5. Determine next steps for your organization

Presenters
Dave Glennon, CPA, Partner
Dave provides audit and accounting services to a variety clients, including SEC registered entities, closely held commercial enterprises, insurance companies, pools and trusts. His client work also includes engagements with large, multi-location organizations, as well as management consulting to help companies handle their financial reporting obligations.

Pat Baker, CPA, Partner
Pat specializes in audit and consulting services in the manufacturing and distribution, agriculture and agricultural processing and service industries. He also provides a wide range of business consulting services with a strong focus on manufacturing consulting.


Ryan Shirley, CPA, Partner

Ryan helps public and private clients in a variety of industries including manufacturing, retail/wholesale, dealerships, and software stay up to date with their financial reporting and organizational needs. He frequently speaks at industry conferences and serves as the assurance department head of the firm's Colorado offices.

Andrea Mouw, J.D., Principle National Tax
With a law degree and years of federal, state and international tax experience, Andrea provides a depth of expertise to Eide Bailly clients that is simply hard to find. Her main area of focus is on accounting method issues, such as income and expense recognition, capitalization, Section 199 and inventory issues. She also has experience advising clients on issues related to the taxation of financial products and alternative investments.

CPE Credit: 1 Credit
CPE Category: Accounting
Level: Basic
Delivery Method: Internet Group based

Additional Information:
These are live-group seminars. No prerequisites or advanced preparation required. For information regarding refund, complaint and program cancellation policies, please contact Jason McKeever at 701.476.8773.

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