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How Will You Handle the New Revenue Recognition Standard? - 6732
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ASU 2014-09 is one of the most significant and sweeping changes FASB has ever issued. The new 5 step process takes revenue recognition moves from a rules based approach to a principles based approach. The new approach applies to all organizations, removing previous industry specific guidance.

9/19/2016
When: 1:00 PM - 3:00 PM
Where: Webinar/Webcast
United States
Contact: April Deneault

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Acronym HW071W
CPE 2 hours
Category
A&A
Level Overview
Vendor Nichols Patrick CPE
Who should attend All CPAs
Prerequisite
None
Fees: Early Bird
Standard
Member N/A
$79
Non-Member: N/A
$79

Description 
ASU 2014-09 is one of the most significant and sweeping changes FASB has ever issued.  The new 5 step process takes revenue recognition moves from a rules based approach to a principles based approach.  The new approach applies to all organizations, removing previous industry specific guidance.

 

Specific topics include:

  • You will learn the all-new 5 step contracts approach to revenue recognition.
  • Understand how the change will affect the income statement of your organization.

Objectives

  • The 5 step revenue recognition model
  • Significant changes from existing revenue recognition rules
  • Specific examples of how to apply the guidance
  • Suggestions on how to prepare for the change

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