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Thursday, October 27, 2022 Live Webcast

Interpreting the New Revenue Recognition Standard: What All CPA’s Need to Know (E2210202)

8:30 AM - 12:00 PM EDT

Registration: 8:00 AM EDT

webcast

ON24

4 CPE Credits in AA

OVERVIEW

The effective date of FASB ASC 606, Revenue from Contracts with Customers, is upon us! Do you know which contracts are within the scope of the standard and when revenue should be recognized at a point in time of over time? This course answers those questions by providing a basic understanding of the five-step process for recognizing revenue under FASB ASC 606. Supported by practical examples, this course addresses core principles that all CPAs need to know. Recent updates to this course include the latest guidance from FASB, industry-specific examples taken from the AICPA Audit and Accounting Guide Revenue Recognition, as well as disclosure illustrations.

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

DESIGNED FOR

Accountants in public practice, industry, and academia who need an update on the latest revenue recognition guidance

BENEFITS

  • Recognize new revenue recognition principles.
  • Identify appropriate revenue recognition decisions.
  • Identify steps to take today to be prepared for future implementation.

HIGHLIGHTS

  • 5-step process for recognizing revenue

COURSE LEVEL

Intermediate

PREREQUISITES

Experience in the application of accounting standards.

ADVANCE PREPARATION

None

INSTRUCTOR

Michael Brand

Michael Brand, CPA, CGMA

AICPA/Professional Development Institute

Michael Brand CPA, CGMA Athens, Alabama Michael L. Brand, CPA, CGMA was the chair of the ARSC from 2011 through 2015 during the time the SSARS 21 clarity project was going on. Mike is currently a partner in the firm of BMSS, LLC. He has been in the practice of public accounting for over 30 years. During those years he has been involved in all aspects of public accounting, with an emphasis in providing accounting, audit, and review services to clients in for profit, not-for-profit, and governmental sectors. He also teaches continuing education classes across the country, for which he has received the AICPA and ASCPA Outstanding Discussion Leader Award multiple times; and has spoken at several conferences nationwide and overseas. Additionally, he conducts peer reviews. Mike is the current chair of the ASCPA Board of Directors; co-chair of the AICPA’s ENGAGE conference; and current chair of the steering committee for National Advanced Accounting and Auditing Technical Symposium at ENGAGE. He also serves on the Accounting Advisory Council for the University of North Alabama. Previously, he was on the Professional Ethics Executive Committee, Peer Review Board, Joint Trial Board, and Quality Control Standards Task Force of the AICPA. Mike received his B.S. in accounting from the University of North Alabama.

PRICING

$189.00 - Member

$264.00 - Nonmember

Pre-Registration Closed

Online pre-registration for this event is now closed.

ADDITIONAL OPTIONS

Print a registration form

ALSO AVAILABLE

COURSE DEVELOPER

AICPA/NJCPA