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The New Revenue Recognition Standard: What Government Contractors Need to Know

September 27, 2017
8:00 AM to 10:30 AM EST

Greensboro Conference Center, First Floor
8401 Greensboro Drive
McLean, VA 22102
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Irina Roz
  • Summary
  • Agenda
  • CPE Information
  • Speakers

Registration for this event is now closed, as we are at full capacity.

BDO USA, LLP invites you and your colleagues to a complimentary 3-hour, CPE-qualified seminar. This seminar will cover the ins and outs of the New Revenue Recognition Standard (ASC 606) and what government contractors need to know.

With an effective date of Jan. 1, 2019 for privately held companies, the time to begin planning for the implementation of ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606), is right around the corner. Please join us for a discussion of the standard's main provisions and key issues that may arise for government contractors during implementation, as well as an overview of required presentation and disclosures.
8:00 AM to 8:30 AM - Registration, Breakfast, and Networking

8:30 AM to 11:00 AM - Educational Program 

11:00 AM to 11:30 AM - Q&A and Networking

Event Learning Objectives:

  • Define the five step model prescribed under ASC 606 and how to apply the model to your contracts.
  • Identify key issues expected to specifically impact government contractors and major changes from current U.S. GAAP.
  • Analyze implementation methods prescribed under ASC 606.
  • Identify immediate actions to be taken to develop an implementation plan.
Delivery: Group Live
Prerequisites: None
Advanced Prep: None
Credits: 3.0 CPE credits in the field of Accounting
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
Christopher Carson, Office Managing Partner, Assurance, BDO, Greater Washington, DC

Amy Thorn, Audit Partner, BDO, Greater Washington, DC

Dave Libbares, Audit Senior Manager, BDO, Greater Washington, DC