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Friday, September 21, 2018 LiveEssex Chapter

Revenue Recognition / New Lease Pronouncements (E1809409)

8:30 AM - 12:10 PM EDT

Registration: 8:00 AM EDT

The Hanover Manor

16 Eagle Rock Avenue
East Hanover , NJ 07936

4 CPE Credits in AA

OVERVIEW

Keep abreast of the fast-paced changes in accounting and auditing. This course will cover relevant pronouncements including revenue recognition and the new lease standard.

BENEFITS

Earn 4 CPE credits in AA.

HIGHLIGHTS

Accounting and Auditing Update
June Toth
This session will cover relevant pronouncements, exposure drafts, and other guidance recently issued. Stay current on topics impacting the profession with this fast paced, one-hour update.

Revenue Recognition
Peggy Gallagher
Effective for private companies in January 2019, the new revenue standard will significantly affect the revenue recognition practices of most companies. The new standard provides a revenue recognition model intended to increase financial statement comparability across companies and industries. Stay up to date with this two-hour session.

Lease Accounting
Alfred Erdmann
Learn how the new leasing requirements differs from current GAAP. Exam the core principles of the new standard and learn to:

  • Identify a lease under the new leases standard
  • Identify recognition and measurement requirements of the new leases standard
  • Identify presentation and disclosure requirements of the new leases standard
Don't miss this one-hour update.

COURSE LEVEL

Intermediate

PREREQUISITES

None

ADVANCE PREPARATION

None

ADDITIONAL NOTES

$14 late fee will be applied after 9/19. Season Pass holders must register for each event.



For course materials, please visit your My Events page. Handouts are added as received, remember to check back for updates.

Help Feed Those in Need
  • The NJCPA Emerging Leaders Council is hosting a Food Drive to benefit the Community FoodBank of New Jersey. Please bring your nonperishable items and canned goods to this event. Peanut butter and tuna fish are always needed.

INSTRUCTORS

Alfred Erdmann

Alfred Erdmann, CPA, CGMA

Partner

WithumSmith+Brown

Mr. Erdmann is a partner in the New York office of WithumSmith+Brown, PC. He has 25 years of professional accounting experience. He is a licensed certified public accountant in New York, New Jersey, and California and assists clients on both coasts. Specializing in accounting and auditing services for individuals and privately-held entities, he has specific expertise in the real estate and professional service industries. He is the Audit Services Practice Leader in the firm’s Real Estate Services Group. He is dedicated to educating businesses and individuals on the ever-evolving landscape within the accounting industry.

Mr. Erdmann received his Bachelor of Arts degree in accounting & information systems and economics as well as a master’s degree in accounting from Queens College of the City University of New York. He is a member of the American Institute of Certified Public Accountants (AICPA) and the New York State and New Jersey Society of Certified Public Accountants (NYSSCPA and NJCPA). Al is a frequent speaker at various industry seminars and a former adjunct lecturer of accounting at Queens College.

Margaret Gallagher

Margaret F. Gallagher, CPA

Margaret (“Peggy”) Gallagher, CPA, is in the Technical Resources department at WithumSmith+Brown’s Morristown office. Ms. Gallagher focuses her work on interpreting and applying technical accounting and auditing standards, and independence matters. With more than 25 years of accounting and auditing experience, her industry expertise includes manufacturing, distribution, construction, life sciences, real estate, non-profits and employee benefit plans. A frequent lecturer, she develops and presents accounting and auditing education classes for statewide audiences.

Ms. Gallagher is a member of the New Jersey Society of Certified Public Accountants (NJCPA) and serves on the NJCPA Accounting and Auditing Interest Group. She is also a member of the American Institute of Certified Public Accountants (AICPA) and a board member of Student/Partner -Alliance, Millburn, NJ. Ms. Gallagher received her bachelor’s degree in accounting from Fairfield University, where she graduated magna cum laude. She was awarded the 2013 NJ BIZ Best 50 Women in Business Award.

June Toth

June M. Toth, CPA, CFF, CITP, CGMA

Principal

WilkinGuttenplan

June is a principal at WilkinGuttenplan and is the president-elect of the NJCPA for the 2024/25 term. She has been a member of the NJCPA since 1995 and has served in a variety of capacities, including the Peer Review Executive Committee, Strategic Planning Committee and Volunteer Relations Committee, and was chair of the NJ-CPA-PAC Board of Trustees, chair of the Committee Operations Committee and vice leader of the Business Valuation, Forensic & Litigation Services Interest Group. She is also an active participant in the Accounting & Auditing Standards and Nonprofit interest groups. Before WilkinGuttenplan, June was the managing member of zbt Certified Public Accounting & Consulting, LLC. She is a former treasurer of Garwood Municipal Library; a recipient of NJCPA’s Volunteer Award in 2018 and its Women to Watch Award in 2019; one of New Jersey Monthly’s Leading Women in 2015 and one of NJBIZ Accounting Power 50 from 2020 to 2022.

PRICING

Free Event
Pre-Registration Closed

Online pre-registration for this event is now closed.

ADDITIONAL OPTIONS

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