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What CFOs Need to Know About the New Revenue Recognition Standard

Date | Feb 9, 2015 |
Time | 02:00 PM EDT |
Cost | Free |
Online
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Register Now: http://goo.gl/JfOwsc
Last May, FASB and IASB issued the final revenue recognition standard. This standard will affect every company and country around the world. Is your company prepared?
For many CFOs, complying with the new rules could involve big overhauls in their accounting methods and systems, as well as broader disclosures of how companies recognize sales.
The new standard will become effective for public companies with annual reporting periods beginning after December 15, 2016, including during interim periods within this reporting timeframe. Nonpublic companies will have to plan to comply with the new standard as well during annual reporting periods beginning after December 15, 2017, and interim periods within annual periods beginning after December 15, 2018.
Attend this webinar to learn about the new standard’s requirements, challenges ahead, and how to prepare. During this Webcast, an expert panel will provide an overview of the new standard and will discuss:
Join us for this webinar where you'll learn:
Cecil Nazareth, Managing Partner, IFRS Partners
George I. Victor, Certified Public Accountants, Giambalvo, Stalzer & Company
Last May, FASB and IASB issued the final revenue recognition standard. This standard will affect every company and country around the world. Is your company prepared?
For many CFOs, complying with the new rules could involve big overhauls in their accounting methods and systems, as well as broader disclosures of how companies recognize sales.
The new standard will become effective for public companies with annual reporting periods beginning after December 15, 2016, including during interim periods within this reporting timeframe. Nonpublic companies will have to plan to comply with the new standard as well during annual reporting periods beginning after December 15, 2017, and interim periods within annual periods beginning after December 15, 2018.
Attend this webinar to learn about the new standard’s requirements, challenges ahead, and how to prepare. During this Webcast, an expert panel will provide an overview of the new standard and will discuss:
Join us for this webinar where you'll learn:
- How the new revenue recognition standard will affect your company
- How CFOs can prepare their companies to update their financial reporting practices to reflect the new standard before it goes into effect
- The biggest challenges CFOs and their companies are likely to encounter with complying with the standard, and how to overcome these hurdles
Cecil Nazareth, Managing Partner, IFRS Partners
George I. Victor, Certified Public Accountants, Giambalvo, Stalzer & Company
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