Five Steps to Recognizing Revenue 

The new revenue recognition standards should be at the forefront of your mind this year as they become effective for non-public entities like yours. This webinar will go over the five-step process to recognize revenue and focus on issues related to the construction industry. Examples will be presented to help supplement understanding of the process and include next steps to prepare for the new standards.

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Speaker Information

Virendra N. Shah, CPA


As a principal in blum’s Accounting and Auditing Group, Virendra is responsible for audit planning, fieldwork and supervision of staff on independent school engagements. During the engagement, he also consults with the financial management staff on ways to structure their financial statements and disclosures and has regular interaction with the schools' audit and finance committees.


Virendra also leads our effort to prepare meaningful management comments that come to our attention during the review or audit. These comments may include items such as internal controls, accounting policies and cash and inventory management.



Steven R. Treglia, CPA


As a manager in our Accounting and Auditing Department, Steve provides audit services to clients in a wide variety of industries, including construction, manufacturing, wholesale distribution, retail and education.


Steve is also part of the firm’s Employee Benefit Assurance Services Group and has extensive experience in auditing benefit plans, including defined contributions, defined benefit and health and welfare plans.


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