WEBCAST ON DEMAND

EITF 08-01 & 09-03:
What You Need to Know When Planning for Implementation
Produced in Partnership with Softrax Corporation

Click Here To Register

Back in September the FASB Board voted to ratify the consensus reached on EITF 08-1 and 09-03 – now formally known as ASU 2009-13 and ASU 2009-14 respectively. These Issues will be applicable to arrangements entered into or materially modified on or after June 15 of this year, with earlier application permitted.

As companies prepare to adopt these new standards, what are the issues to consider? More specifically, what does it mean for your business in terms of timing of revenue recognition, internal controls processes, and reporting risks and financial statement disclosure?

What do you need to know to make the best adoption decision?

Adoption and Implementation Issues:

• EITF 08-1 and EITF 09-03 – Implications for Revenue Recognition
• When should you adopt?
• Implementation - documentation issues
• New Disclosure requirements