On-Demand Recordings

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

GASB Leases – What You Need to Know

The GASB recently issued a new standard on lease accounting. The goal of the new standard is to more closely align the accounting and financial reporting of leases with their economic substance. This guidance will treat all leases as “financing leases” and eliminate the difference between capital and operating leases. The standard will be effective for fiscal years beginning after December 15, 2019, but will be important in considering new and renewed leases in the coming months and years. This course will describe the pertinent details of the new standard and the effects of implementation.

Watch Now

Accounting for Leases – Part II

As a follow up to our earlier Leases webinar, this webinar will pick up where we left off. Now that we have recognized the lease on our books, we will discuss the impact during subsequent measurement on the balance sheet, income statement and statement of cash flows. We will also include a discussion of items to consider during implementation.

Watch Now

Revenue Recognition: Part 3 — Case Studies for Steps 3 & 4

The third in a five part series, this webinar will focus on Steps 3 and 4 within ASC Topic 606. Step 3 requires that an entity determine the transaction price. We will discuss some of the implementation issues regarding determining the transaction price. Step 4 then requires entities to allocate the transaction price from Step 3 and allocate it to the performance obligations identified in Step 2, which we covered in Part 2 of this webinar series. This course will cover the permitted methods of allocating.

Watch Now

An Overview of the FASB’s Simplification Initiative

The FASB has a Simplification Initiative that is has undertaken to make targeted changes to GAAP that will provide simplification while also retaining or improving usefulness. Several ASUs have been issued as part of the initiative. This course will provide an overview of some of the key ASUs that have been issued and will be impacting entities.

Watch Now

View Guidance

Please fill out the form below in order to view.

  • This field is for validation purposes and should be left unchanged.