Registration Opens for CPE Webcast IN FOCUS: FASB Update for Private Companies on Revenue from Contracts with Customers

Registration Opens for CPE Webcast

IN FOCUS: FASB Update for Private Companies on Revenue from Contracts with Customers

Participants in Live Webcast Eligible for Up to 2 CPE Credits Norwalk, CT, October 23, 2018

—

Registration

is now open for an upcoming Financial Accounting Standards Board (

FASB

)

webcast

geared toward helping private companies implement the

revenue recognition

standard.  

IN FOCUS:  FASB Update for Private Companies on Revenue from Contracts with Customers

will take place on Tuesday, December 18, 2018, from 1:00 to 2:40 p.m. Eastern Standard Time.  

Participants in the live broadcast (offered free of charge) will be eligible for up to 2 hours of Continuing Professional Education (

CPE

) credit. (CPE credit is

not

available for group viewing of the live broadcast.)  

The webcast will feature FASB Member

Marsha Hunt

,

Private Company Council

Member Jeremy Dillard, FASB Senior Project Manager Mary Mazzella, and FASB Senior Project Manager and Private Company Council Coordinator Michael Cheng.  

 The areas covered will include:

2. An overview of the revenue model
3. An update on recent implementation activities and issues that relate to private companies
4. Resources available to help with implementation questions
5. Disclosures and transition, and
6. An audience question-and-answer session. 

Webcast participants are encouraged to read Topic 606, Revenue from Contracts with Customers, prior to the session. Information about Topic 606—including the original ASU, recent amendments, and educational materials—is available through the FASB

implementation portal

.  

An

archive

of the webcast will be available on the FASB website after the live event. (CPE credit will

not

be available to those who view only the archived webcast.)  

For more information about the webcast, including the

course description

and

registration page

, visit

www.fasb.org

.

About the Financial Accounting Standards Board

Established in 1973, the FASB is the independent, private-sector, not-for-profit organization based in Norwalk, Connecticut, that establishes financial accounting and reporting standards for public and private companies and not-for-profit organizations that follow Generally Accepted Accounting Principles (GAAP). The FASB is recognized by the Securities and Exchange Commission as the designated accounting standard setter for public companies. FASB standards are recognized as authoritative by many other organizations, including state Boards of Accountancy and the American Institute of CPAs (AICPA). The FASB develops and issues financial accounting standards through a transparent and inclusive process intended to promote financial reporting that provides useful information to investors and others who use financial reports. The Financial Accounting Foundation (FAF) supports and oversees the FASB. For more information, visit

www.fasb.org

.  

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