Join us for this special rebroadcast of CFMA’s June 24, 2014 webinar on the new revenue recognition standard, followed by a live update and Q&A with our original session presenters Mike Sobolewski, of PricewaterhouseCoopers, and Tim Wilson, of BKD LLP.
The new standard, released by the Financial Accounting Standards Board (FASB) on May 28, 2014, was years in the making and CFMA has been deeply involved in communicating its impact to the construction industry.
This 90-minute session will provide an outlook on the future of revenue recognition under both US Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) and how the new standard may impact your business.
After this session, you will be able to:
Discuss how the new Revenue Recognition Standard will impact your company and the construction industry as a whole
Outline the new standard implementation timeline
Explain what needs to be done to prepare for the implementation of this new way of determining revenue
Assurance Partner, Private Company Services,