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Wednesday, December 15, 2021 Live Webcast

Topic 606: Tackling the Year Two Post-Implementation Issues (E2112352)

1:00 PM - 4:30 PM EST

Registration: 12:30 PM EST

webcast

Vendor Platform

4.0 CPE Credits in AA

OVERVIEW

While the effective date of Topic 606 is behind us for both public and non-public entities, issues related to the application of the new revenue recognition guidance remain. Whether resulting from SEC comment letters, peer group analysis or from continued internal feedback, many entities are continuing to fine-tune their application of the new guidance beyond the year of implementation.

This course features a live instructor and has been specifically designed for the NJCPA.

DESIGNED FOR

Accounting and auditing practitioners at all levels desiring to understand the FASB’s new revenue recognition guidance.

BENEFITS

  • Recall common implementation challenges in the adoption of Topic 606
  • Identify common sources of SEC comments and their resolution related to Topic 606 implementation
  • Identify best practices to improve the effective and efficient recording of revenue prospectively
  • Identify opportunities to change business operation in order to achieve desired outcomes under Topic 606

HIGHLIGHTS

  • Common sources of SEC comments related to public adoption of Topic 606
  • Disclosure examples for both public and private companies
  • Common errors in the application of the Topic 606 guidance
  • Operational issues and changes identified in the Topic 606 implementation process and how best to address these

COURSE LEVEL

Intermediate

PREREQUISITES

Experience in accounting and auditing.

ADVANCE PREPARATION

None

INSTRUCTOR

Jeffrey Lieman

Jeffrey Lieman, CPA

AICPA/Professional Development Institute

Mr. Lieman currently heads his own consulting firm, Lieman Associates LLC, in Owings Mills, Maryland. He provides consulting services, contractual assistance services, and training to CPAs, their firms, and their clients. He is recognized nationally as a lecturer for various accounting, auditing, and technology topics and has been quoted in various trade journals. Since 2016, he has received the Surgent Outstanding Discussion Leader Award because of his consistently high evaluations for knowledge and presentation skills. Mr. Lieman's previous experience included serving as the chief financial examiner for the Maryland Insurance Administration and being a director for Ellin & Tucker, Chartered. He trained staff in many areas of accounting, administration, and consulting. He also served as a senior manager and national trainer with KPMG in Baltimore, Maryland where he developed training materials for staff and instructors. He was elected Chairman of the Year by the Maryland Association of CPAs for chairmanship of the Computer Resources Committee.

PRICING

$189.00 - Member

$264.00 - Nonmember

Register Today


Note: Online pre-registration will close on December 15 at 1:00 PM.

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COURSE DEVELOPER

Surgent