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Live Webcast Replay

Revenue Recognition: Time for Small Business Implementation!


Total Credits: 1 including 1 Accounting - Technical

Average Rating:
   4.5
Category:
Accounting and Auditing |  Partner Produced |  IRS Approved
Faculty:
Michael R. Whiting, CPA
Course Levels:
Overview
Duration:
1 Hour
License:
Access for 30 day(s) after program date.


Description

Revenue Recognition: Time for Small Business Implementation!

Implementation of the new revenue recognition standard (ASU 2014-09 aka ASC 606) is in the final stage. Hear updates, successes, and concerns on how businesses with revenue

arising from contracts with customers are applying the new requirements. Determine if your private company (or client) is on track to meet the adoption deadline.

Michael R. Whiting, CPA – Senior Manager, BDO USA LLP, Wixom

Basic Course Information

Learning Objectives
  • Participants walk-away with the implementation tips from public companies that can be transferred to private companies

Major Subjects
  • Overview and scope of ASC 606
  • Lessons learned from public company adopters
  • ASC 606 –The 5-Step Model

Course Materials

Faculty

Michael R. Whiting, CPA Related seminars and products: 1


With more than 20 years of accounting, audit, and business advisory services, Michael has serviced clients throughout Michigan as well as internationally. His professional background includes engagements of clients both private and publicly held of diverse sizes and industries.

Michael serves as a Director in BDO's Accounting & Reporting Advisory Services group (“ARAS”). Through BDO’s ARAS group, he assists companies with new accounting standards implementation including ASC 842 “Leases” and ASC 606 “Revenue From Contracts With Customers”, complex accounting issues, public and private company reporting matters, and various other technical accounting focused services. 

Michael is also an Audit Director with extensive experience in various industries such as real estate, professional services, wholesalers, distributors, manufacturing, and technology. Michael’s experience includes work on Sarbanes-Oxley compliance requirements, agreed upon procedures engagements, and other special projects.


Dates

Thu, Nov 19, 2020 - 01:30p to 02:30p EST

Additional Info

Basic Course Information

Prerequisites None
Advanced Preparation None
Designed For CPAs in public practice or those working in finance in business and industry looking for the latest revenue recognition implementation tips.
Yellow Book No
Course Developer MICPA
Original Recording Date 08/14-15/2019
Date Added to Catalog 09/13/2019

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 Live 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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1

Overall:      4.5

Total Reviews: 136

Comments

Alan M

"Thanks!"

Lisa H - GRAND RAPIDS, Michigan

"Leon is very engaging and effectively uses humor to help make the content interesting and maintain audience attention."

Kevin N

"Always admire Mr Ayer and his vast knowledge of IRS topics."

James O

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Calvin S

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Brian L

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William M

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Lowell C - Tallahassee, Florida

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Isaac S

"Good presentation!"

Kathlyn J

"Extremely interesting and pertinent information. Speaker was very knowledgeable. Information for CPAs was very relevant."

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