acslive.com Open in urlscan Pro
205.186.183.207  Public Scan

Form analysis
1 forms found in the DOM

GET https://acslive.com/

<form method="get" id="searchform" action="https://acslive.com/"> <i class="icon-search"></i> <input type="text" name="s" id="s" title="Search" value=""></form>

Text Content

Accounting Conferences & Seminars
 * 

 * Home
 * Events
 * In-House Training
 * About Us
 * Blog
 * Contact Us


REVENUE RECOGNITION ACCOUNTING UPDATE (ASC 606)

VIRTUAL CONFERENCE

Dec 8 - 9, 2021 VIRTUAL (PST)

Pacific Standard Time

Sign Up to Attend

Get your annual revenue recognition update here!  The new Revenue Recognition
Standard made a significant impact on the way most companies recognize revenues.
Best practices continue to evolve and there are a number of areas where
companies are still searching for answers.

This conference assumes you are already familiar with the five-step model. It
will address the latest developments in key areas, significant changes, scope,
disclosure and impacts. There will be plenty of examples and a detailed case
study.


LEARNING OBJECTIVES:

 * Review the latest changes in key areas
 * Understand the big picture concepts from an SEC perspective
 * See where your counterparts are getting stuck


REGISTRATION INFORMATION:

Cost: $545 (save $150 off the regular price of $695 if you register by November
12th).
This event will run 8:45-4:40p (Pacific Time) each day.

REGISTER NOW »

Register any one of three ways:
1. Register online using a credit card and click the orange button
2. Register by phone at (610) 789-3110 
3. Email your contact info to be invoiced to mtarman@acslive.com

--------------------------------------------------------------------------------

Agenda: DAY 18:4510:55Revenue Recognition: Past Issues and Emerging Trends
Review of the five-step model
Where people are getting stuck within the model
Principal/Agent determination
Customer options and material right
Identification of performance obligations
Licensing guidance applicability
Free trials
Contract modification
Determination of SSP
Measure of progress for overtime performance
obligations10:5511:10Break11:1012:40Modifications, Repurchase Agreements,
Disclosures and Revenue Automation12:401:25Lunch Break1:252:45Industry Panel
Discussion
The format of this session will be interactive and led by a moderator. Three
industry panelists will briefly introduce their companies and discuss their
revenue recognition hot topics. Questions will follow from the moderator and
attendees.2:453:00Break3:004:00Impact on Internal Controls
Changes in Information and Related Data - Quality Needs
ASC 606 Internal Control Considerations
On-going ASC 606 Controls
Management Review Controls
Information Used in Controls (IUC)
IT-General Control Considerations
COVID-19 Impact on Internal Controls
SOX Optimization & Modernization

Agenda: DAY 28:4511:00 ASC 606: Interactive discussion on a series of scenarios
Selected practice areas: Revenue Customer, Contract Duration, Enforceable
Rights, Performance Obligations, Replacement Right, License Modifications,
Measure of Progress, Contract Cost
Group will use polling to work through each question
Moderators from Connor Group will explain their recommended answers and
explanations
11:0011:15Break11:1512:30Tax Impact of the New Standard
Tax Principle for revenue recognition
How to discuss these issues with your tax team
Examples
Next steps12:301:00Lunch Break1:002:00Commissions:
Adoption of ASC 340-40, Other Assets and Deferred Costs - Contracts With
Customers
Provide foundational understanding of identifying costs to be capitalized under
ASC 340-40
Provide foundational understanding of how to amortize incremental contract costs
Provide an overview of disclosure requirements
2:002:10Break2:103:30Key Areas and Examples
Material right - renewal option
Sales to distributor
Principal vs Agent
Contract does not meet criteria to apply the new revenue model
Good or service is distinct in the context of the contract
Estimating the transaction price
Sales-or-usage based fees
When does control transfer?
Contractual Resale Restrictions - Transfer of Control
Incremental costs to obtain a contract
Costs to capitalize3:303:35Break3:354:40Industry Hot Topics
1. Software/SaaS: Usage based fees: Variable consideration
Hybrid Software Arrangements
2. Life Science Issues
3. Manufacturing: Non-recurring Engineering - Presentation of proceeds received

Conference Series Speakers Include:Brianne Loyd Deloitte, Audit and Assurance
Senior ManagerKajal Shah Deloitte, PartnerKeith Ma Effectus Group, Director of
Technical AccountingKevin Jensen Deloitte, Senior Manager - Accounting &
Reporting Advisory ServicesAbby Cohen Deloitte, Senior ManagerBrian Aubuchon
Effectus Group, DirectorJesse Fillerup Connor Group, Technical Accounting
DirectorCaroline Yan Connor Group, DirectorJames Bell KPMG, Managing
DirectorNarayanan Balakrishnan Ernst & YoungAngela Liu Stealth, Strategy and
Product



Learning Objective
To provide attendees with a complete understanding of the latest accounting rule
changes and best practices
Delivery Method
Group internet-based
Recommended
CPE Credits Awarded:
16
NASBA Field of Study
Accounting
Prerequisite
General knowledge of basic accounting requirements including financial statement
preparation and reporting
Program Level
Update
Advance Preparation
None
Who Should Attend
CFOs (and their staff), Controllers, VPs of Finance, Accounting Directors and
Managers, Senior Accountants, Revenue Managers and Analysts, Internal Auditors,
Tax Accountants, Treasury Staff, Internal Control/SOX Managers, Public
Accountants, Educators
Refund Policy
To receive a full refund for a virtual conference, cancellation notice must be
received by phone or email 5 days prior to the event. Registrants whose
cancellation notices are received after the 5-day deadline will receive a
transferable, nonrefundable credit.
Complaint Resolution Policy
For more information regarding administrative policies such as complaint and
refund, please contact our office at (610) 789-3110
Our Sponsor
Accounting Conferences and Seminars LLC 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.


UPCOMING LOCATIONS

 * Upcoming

 * FINANCIAL ACCT Nov 17 - 18 VIRTUAL (PST)
   
   Register
   
   
   REVENUE REC Dec 8 - 9 VIRTUAL (PST)
   
   Register
   
   
   INTERNATIONAL Dec 15 - 16 VIRTUAL (PST)
   
   Register
   
   
   SEC Acct. Feb 16 - 17 VIRTUAL (PST)
   
   Register
   
   
   FINANCIAL ACCT Mar 15 - 16 VIRTUAL (PDT)
   
   Register
   
   
   REVENUE REC Mar 22 - 23 VIRTUAL (PDT)
   
   Register
   
   
   Best Practices Apr 20 - 21 VIRTUAL (PDT)
   
   Register
   
   
   LIFE SCIENCE May 17 - 18 VIRTUAL (EDT)
   
   Register
   
   
   MEDIA May 24 - 25 VIRTUAL (PDT)
   
   Register
   
   
   FINANCIAL ACCT Jun 14 - 15 VIRTUAL (EDT)
   
   Register
   
   
   REVENUE REC Jun 21 - 22 VIRTUAL (PDT)
   
   Register
   
   
   SOX UPDATE Jul 13 - 14 VIRTUAL (PDT)
   
   Register
   
   
   LIFE SCIENCE Sep 14 - 15 VIRTUAL (PDT)
   
   Register
   
   
   SOFTWARE Sep 21 - 22 VIRTUAL (PDT)
   
   Register
   
   
   SOX UPDATE Oct 18 - 19 VIRTUAL (EDT)
   
   Register
   
   

REFUND POLICY

To receive a full refund for a virtual conference, cancellation notice must be
received by phone or email 5 days prior to the event. Registrants whose
cancellation notices are received after the 5-day deadline will receive a
transferable, nonrefundable credit.

©2021 Accounting Conferences and Seminars LLC. All Rights Reserved.
©2021 Accounting Conferences and Seminars LLC.
All Rights Reserved.
 * Terms & Conditions
 * Privacy Policy
 * Refund Policy
 * Contact Us