Revenue Recognition – Transition Methods
Now is the time. ASC 606 is effective for private entities on January 1st of next year. If you’re like many, you might feel behind. However, there is still time to catch-up and minimize the chances of any disruptions or unwanted surprises. One of the first decisions you’ll have to make is what transition method you’ll choose. ASC 606 allows entities to make a choice between full retrospective and modified retrospective, commonly called the cumulative adjustment method.
What eCommerce Sellers Need to Know about the New Nexus Standards: 30 Questions Answered in 30 Minutes
The Supreme Court’s decision to overturn the physical presence standard of sales tax nexus is a game changer for eCommerce sellers. Cherry Bekaert’s sales tax experts have been answering your questions ever since the ruling was announced. Now, we’re putting together your 30 most asked questions and giving you answers in a 30-minute information-packed webinar.
Revenue Recognition (Topic 606) Disclosures
This course should assist attendees in applying the disclosure requirements of ASC 606. This presentation provides a general overview of those requirements for both public and private entities and reviews examples.
Clarifying the Scope and Accounting Guidance for Contributions Received and Contributions Made
This course walks you through the changes to contribution guidance for Not For Profit Entities, and will cover changes to what is a contribution verses an exchange transaction. We’ll also look at the changes to the treatment of contributions and the new guidance regarding conditions.
TCJA – Clarifying the Rules and Benefits of Cost Recovery
The TCJA provisions and the tangible property regulations can work to drive “capital” expenditures into tax deductions. Our Federal Credits and Accounting Methods Team will present a discussion of the many complicated rules to follow in expensing, capitalizing, depreciating and disposing of fixed assets. Don’t miss an opportunity to write off an asset for your clients.
Mid-Year Report on IRS Audits, Announcements and Other Activity
The IRS is tackling a major new tax law, adjusting to changes in leadership and managing its technology issues all to serve the interests of America’s taxpayers and the interests of the Federal Government. We will review highlights from recent announcements about audit campaigns, IRS examination statistics, potential new audits of cryptocurrency accounts and the closing of certain offshore bank account disclosure programs. We will also look at recent legislation, cases, and IRS announcements that can impact how IRS examines partnerships or assesses penalties. News important to every taxpayer.