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ASC 606 - The New Revenue Recognition Standard

May 24, 2017
8:00 AM to 11:30 AM EST

The Tower Club
8000 Towers Crescent Drive
Suite 1700
Tysons Corner, VA 22182
get directions

Thanh de Montebello
(703) 336-1627
  • Summary
  • Agenda
  • CPE Information
  • Presenters
BDO USA, LLP invites you and your colleagues to a complimentary 3-hour CPE-qualified seminar. This seminar, being presented in partnership with MorganFranklin Consulting, will cover the ins and outs of the New Revenue Recognition Standard (ASC 606) and its specific impact on software companies. 

ASC 606 will be effective for public companies in 2018 and for private companies in 2019. This new guidance will have a significant impact on how software companies recognize revenue. It is critical that companies begin the preparation process now in order to adapt their processes and ensure a smooth transition.

This seminar will provide software companies with an understanding of the requirements of this new guidance and practical ideas for implementation.
8:00 AM to 8:30 AM - Registration and Breakfast

8:30 AM to 11:30 AM - Program
Event Learning Objectives: 
  • Discuss implementation timing and alternatives 
  • Describe likely specific impacts of ASC 606 on software companies 
  • Explain typical adoption project milestones and possible timeline for adoption of ASC 606
Delivery: Group Live
Prerequisites: None
Advanced Prep: None
Credits: 3.0 CPE credits in the field of Auditing
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
Michael Hottel, National Assurance Partner & Atlantic Regional Technical Director, BDO, Greater Washington, DC

Hank Galligan, Managing Director & National Software Industry Group Leader, BDO, Boston, MA

Jordan Scheiderer, Director, Accounting & Transaction Services, Revenue Recognition Adoption Leader, MorganFranklin, McLean, VA