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ASC 606 – Revenue Recognition Seminar

October 05, 2017
12:00 PM to 7:00 PM EST

Bank of America Building
2600 W. Big Beaver Rd
Troy, MI 48084
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Kim VanCleef
(248) 688-3365
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  • Summary
  • Agenda
  • CPE Information
Please join us on October 5, 2017 for an in-depth study of the FASB’s  new revenue recognition standard. 

In 2014, the FASB issued its landmark standard, Revenue from Contracts with Customers. It sets out a single and comprehensive framework for revenue recognition. It takes effect in 2018 for public companies and in 2019 for all other companies, and addresses virtually all industries in U.S. GAAP, including those that followed industry specific guidance. For many entities, the timing and pattern of revenue recognition will change. In some areas, the changes will be very significant and will require careful planning. 

During this seminar, our national revenue recognition experts will walk through each of the Five Steps used to determine revenue recognition and will provide various examples on how to apply the new standard throughout a number of industries. In addition, we will provide insights on what you can do to help prepare your organization for this new standard.

Take advantage of this opportunity to network with your peers, meet our experts and ask meaningful questions about this important standard that may directly impact your organization.
1:00 PM to 5:00 PM - Revenue Recognition Presentation

5:00 PM to 7:00 PM - Social Reception
Event Learning Objectives:
  • Explain and study the FASB's new revenue recognition standard
  • Discuss the five steps used to determine revenue recognition
  • Examine multiple examples on how to apply the new standard throughout a number of industries
Delivery: Group Live
Prerequisites: None
Advanced Prep: None
Credits: 4.0 CPE credits in a field of Accounting
Program Level: Basic
BDO USA, LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org