ASC 606 (ASU 2014-09, Revenue from Contracts with Customers) presents major changes to the manner in which companies account for revenue. Most organizations will have to re-evaluate their revenue recognition process and disclosures for the finance statements as a result of this ASU. These new standards are mandatory, so make sure your organization is prepared for these upcoming changes!
Join Marcus Harwood, CPA, Partner and Chuck Adler, CPA, MSA, Manager for our webinar Preparing for the New Revenue Recognition Standards.
In this webinar we'll discuss: an overview of the new standard, a summary of the five elements that revenue recognition analysis that all companies will apply, effective dates and transition options and the need for an implementation plan.
Marcus Harwood, CPA
As a partner in our Accounting and Auditing Group, Marcus is responsible for audit planning, fieldwork and supervising staff. In addition to overseeing audit engagements, he performs acquisition-related due diligence procedures. He has extensive experience in serving a wide range of industries, including educational institutions, hospitals, healthcare and foundations.
As a manager in our Accounting & Auditing Department, Chuck has experience providing services to a wide range of clients, including manufacturing, distribution, wholesale, professional service firms, and food & beverage organizations. In this position, Chuck works with business owners, finance executives and operations officers. He provides guidance on technical accounting complexities, enhancing financial controls and due diligence services. Chuck also works with company officers on business and individual tax planning.