United States: Finishing Strong In The ASC 606 Marathon: An In-Depth Look At Step 5 And Contract Costs
Last Updated: May 3 2017

Start Time: May 23, 2017 1:00 PM CT
End Time: May 23, 2017 2:30 PM CT

Location Details: Online
Event Type: Webcast
Recommended CPE Credits: 1.5
Audience: Chief Financial Officers, finance and accounting executives

Contact: Phil Quimby

Phone: +1 202 861 4107
Email: phil.quimby@us.gt.com

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Program Content:

Implementing the new revenue standard has been like a marathon for many entities. As the clock continues to tick and the effective date looms just around the corner, we invite you to join us for Part 4 of our 5-Part Series: Finishing strong in the ASC 606 marathon. In Part 4, we'll explore some of the most common implementation challenges in applying Step 5 (Recognizing revenue when or as an entity satisfies its performance obligations) and the guidance on contract costs. Whether your company is approaching the finish line or just out of the starting block, we hope you'll join our professionals to hear their insights and experiences so that your company can finish strong.

Learning Objectives:

  • Differentiate when to recognize revenue over time versus at a point in time
  • Examine how entities that manufacture custom goods could be impacted by the new guidance
  • Identify appropriate measures of progress when recognizing revenue
  • Describe the proper accounting for contract costs, including commissions
  • Specify the impact of pre-production activities under the new model

Featured speakers

Recommended Field of Study: Accounting
Program Level: Overview
Prerequisite: None
Delivery Method: Group-Internet

If you have any questions or encounter any difficulties while enrolling, please contact technical support via phone at +1 877 398 9939, via email at GTWebcast@level3.com, or visit our webcasting frequently asked questions page.

If you have any questions regarding CPE credit, please contact CPE support via phone at +1 630 396 5831, via email at CPEEvents@us.gt.com, or visit our webcast CPE information page.

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