Revenue Recognition: Part 4 — Case Studies for Step 5
The fourth in a five-part series, this webinar will focus on Step 5, other measurement and recognition topics, and the disclosure requirements of ASC Topic 606. Step 5 requires that an entity recognize revenue when it satisfies a performance obligation (determined in Step 2) by transferring control to the customer. We will learn when to recognize revenue at a point in time versus over time as well as appropriate methods for measuring progress towards completion and discuss some of the implementation issues. In addition, we will briefly discuss implementation issues surrounding warranties, contract losses and contract costs. We will conclude. Read More.Watch Now
Exit Planning Executive Briefing Part 1: What is Exit Planning?
Did you know that of 79% of business owners in the U.S. want to plan their exit in the next 10 years? However, only 15% of those owners have consulted an exit planning advisor about their intentions. This webinar will discuss the goals of an exit plan to ensure that the business owner receives the maximum value of their life’s work, while minimizing the potential tax burden and keeping the business owner in control of the entire process.Watch Now
Accounting Methods Update
Catch up on significant changes in automatic accounting methods, impacts caused by new revenue recognition standards (plus which industries will be hit hardest), and info about the IRS’s new electronic payment of user fees. Ron Wainwright, CPA, Partner and National Leader of Federal Credits & Accounting Methods, gives you a quick breakdown of many key accounting methods changes – so you can get the critical information you need and move on, better informed and in the know.Watch Now