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ASC 606 – The New Revenue Recognition Standard

May 24, 2018
8:00 AM to 11:30 AM EST

The Tower Club
8000 Towers Crescent Drive
Suite 1700
Tysons Corner, VA 22182
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Jasmin Miah
Email
  • 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 ASC 606 (The New Revenue Recognition Standard), as well as lessons learned from those who have already implemented this guidance.

ASC 606 will be effective for privately held companies in 2019 and will have a significant impact on how many technology companies recognize revenue. It is critical that companies begin the preparation process now in order to adapt their process and ensure a smooth transition. This seminar will help provide privately held technology companies:
 
  • Identify the new revenue recognition guidance, including an overview of the 5 steps to revenue recognition and other nuances of the guidance guidance and practical ideas for implementation.
  • Identify what the project plan for implementation should look like
  • Compare ideas and lessons learned from companies who have already implemented this guidance

In addition, there will be a panel discussion involving individuals from companies who have already implemented this guidance who will share their experiences and any lessons learned.
8:00 AM to 8:30 AM - Registration and Breakfast

8:30 AM to 11:30 AM - Educational Program
Event Learning Objectives:
  • Identify the new revenue recognition guidance, including an over view of the 5 steps to revenue recognition and other nuances of the guidance
  • Identify what the project plan for implementation should look like
  • Compare ideas and lessons learned from companies who have already implemented this guidance 
Delivery: Group Live
Prerequisites: None
Advanced Prep: None
Credits: 3.0 CPE credits in Auditing
Program Level: Overview
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