REVENUE RECOGNITION (Topic 605)

Revenue from Contracts with Customers Revised Exposure Draft - Part 2

Wednesday, February 22, 2012 1:00 EST

Register - NO REGISTRATION FEE!

In November 2011, the FASB issued a revised Proposed Accoun?? ng Standards Update (ASU) on Revenue Recogni?? on. This webcast is the second in a series of webcasts designed to provide a review of this amended proposed ASU. Please join me February 22, 2012 at 1 PM (EST) when I will condust Part 2 of this webcast series on the signifi cant callenges companies face as they prepare to apply this new standard. YOu will learn about the following cri?? cal issues (among others) in this webcast.

• The new standard
• Changes to the existing requirements
• The financial risks and reporting implications of those changes

WHO SHOULD ATTEND

Staff accountants, internal and external auditors, financial reporting managers, controllers, CFOs, and financial analysts responsible for financial reporting and analysis of leasing transactions at their companies will find this webcast useful.

OBJECTIVES AND PREREQUISITES

This webcast is designed to provide an introduction on to the amended Revenue Recognition Exposure Draft. Upon completing this webcast you will:

1. Learn about the five steps in the application of the core principle of this proposed standard
2. Improve your understanding of the requirements of Step 1 – Identify the contract with the customer
3. Receive information about the key implications of Step 1

Given the introductory nature of the subject, there are no prerequisites to attending this webcast. Recommended CPE Credits: 1 hour; Preparation: None; Level of Knowledge: Intermediate; Field of Study: Accounting; Method of Delivery: Group Internet Based.