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Live Webcast Replay

Lessons Learned with Revenue Recognition


Total Credits: 1 including 1 Accounting - Technical

Average Rating:
   28
Categories:
Partner Produced |  Accounting and Auditing
Faculty:
Tricia Katebini, CPA, MBA
Course Levels:
Update
Duration:
1 Hour
License:

Dates


Description

The time has come for a retrospective glance at the recently implemented Revenue Recognition Standard for private companies regarding treatment of revenue from contracts with customers. Learn from the most common mistakes made while implementing these new standards and what to watch out for moving forward.

Basic Course Information

Learning Objectives
  • Identify the common errors in implementing Revenue Recognition Standards and apply strategies to effectively address performance obligations in contracts with customers using the 5 Step Model.

 


Major Subjects
  • The 5 Step Model – A Brief Overview
  • Lessons Learned
  • Performance Obligations

Course Materials

Faculty

Tricia Katebini, CPA, MBA Related Seminars and Products

Partner, Audit

GRF CPAs & Advisors


Tricia Katebini has spent her career in public accounting, specializing in the nonprofit sector since 2007. As an audit partner, she is in charge of and responsible for the planning and managing of financial statement audits and Single Audits, when applicable. Ms. Katebini has served a wide range of nonprofit clients including charities, foundations, private schools and associations, and has presented results to management and the board of directors. Ms. Katebini advises on internal control best practices, as well as other accounting and operational areas critical to the financial health of nonprofit organizations.

A seasoned speaker on technical accounting and tax topics affecting nonprofits, Ms. Katebini has presented at AICPA, MACPA, MACS and other accounting and nonprofit industry conferences. She has built a strong reputation for serving as a key advisor to nonprofit organizations in the Greater Washington, DC and Baltimore areas. Her nonprofit audit experience includes proficiency in technical accounting issues and the requirements of Uniform Guidance. She also provides valued guidance to clients on new accounting pronouncements such as the nonprofit reporting model, revenue recognition and the lease standards.

In addition to audit and assurance, Ms. Katebini’s background also includes knowledge of technical tax issues for nonprofit organizations including unrelated business income and state nexus issues. Her work across a wide range of accounting, tax and compliance concerns allows Ms. Katebini to bring clients a holistic view of their operations.

Ms. Katebini currently serves on the AICPA’s Joint Trial Board, a well-respected position within the CPA community. She was also named a 2021 Woman to Watch and received the Maryland Association of CPAs’ 2022 Max Teichmann Award. Ms. Katebini is a proud member of GRF’s Women on the Move, the firm’s women’s leadership initiative.


Additional Info

Basic Course Information

Prerequisites

None


Advanced Preparation

None


Designed For

CPAs in public practice or in industry that are auditing or tasked with reporting based on ASC Topic 606.


Original Recording Date

2023


Yellow Book

No


Course Developer

MICPA


Date Added to Catalog

04/17/2023


Additional Information

Complaint Resolution Policy

Please contact Anne Taylor for any complaints.  anne.taylor@acpen.com, (972-377-8199).


Official Registry Statement

Business Professionals' Network, Inc. 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


Instructional Delivery Method

Group Internet Based


Course Registration Requirements

Online Registration


Refund/Cancellation Policy

Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.


Reviews

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Overall:      4.7

Total Reviews: 28