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Implementing the New Revenue Recognition Standard for Manufacturers: Not just a “Tech Thing”

June 26, 2018
7:30 AM to 9:00 AM EST

BDO Columbus
300 Spruce Street
Suite 100
Columbus, OH 43215
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Alexa Harmon
(614) 573-7804
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  • Summary
  • Agenda
  • CPE Information
The popular view is that Manufacturing & Distribution companies do not have to worry about implementing the new Revenue Recognition Standard (ASC Topic 606)… This is not true.

M&D companies do need to review the 5 steps and consider the impact on their current business models. The fundamental thinking has changed and companies will need to investigate and document the impact.

As manufacturers and distributors work to adopt the new standard, they are experiencing changes in the timing and manner of revenue recognition. For some transactions, the changes could be significant, requiring diligent planning.

Join your peers and BDO professionals in an engaging conversation in what this means for your organization at the state and local level and what you should be doing to prepare.
Networking - 7:30 AM to 8:00 AM

Presentation - 8:00 AM - 9:00 AM

Breakfast will be provided.
   
Learning Objectives:
  • Identify how to apply the new standard's provisions to manufacturing-specific scenarios/issues
  • Identify next steps for adoption and implementation
  • Describe the new standard's provisions
Delivery: Group Live
Prerequisites: None
Advanced Prep: None
Credits: 1.5 CPE credits in 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