All industries will be impacted in some way by ASC 606. However, some industries will be impacted more significantly than others. Technology and life science industries are expected to be one of the most impacted. We will discuss ASC 606’s impact on healthcare, pharmaceuticals, biotechnology, software, and software as a service (SaaS). Along the way, we will touch on the collectability threshold, licensing of intellectual property, distinguishing between functional IP and symbolic IP and what that means for revenue recognition, the elimination of vendor-specific-objective-evidence (VSOE), and the introduction of variable consideration.
Participants will be able to describe the significant changes impacting the following industries:
Who Should Attend
This program is designed for individuals involved in financial reporting, as well as those with governance roles.
Prerequisites | Prior experience with Topic 606
Michael Hoose | Senior Manager, Audit Professional Practices | Cherry Bekaert LLP
1 Hour of CPE* at no charge!
There is no fee for this webinar! Register now! Registration deadline is Wednesday, December 13, 2017.
For More Information
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*Cherry Bekaert is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website. | www.learningmarket.org
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