Accounting Conferences and Seminars offered the Life Science Accounting Update in San Jose, CA and Parsippany, NJ in 2012.
In May, 2013 an updated conference will be held back at the Hyatt Santa Clara, CA. Here is a link to the agenda and details: http://www.acslive.com/events/lifescience_2013.html
The 2012 conferences led off with a technical accounting update led by KPMG where they discussed the AICPA IPR&D draft practice guide, intangibles, goodwill and testing indefinite-lived intangible assets for impairment, medical device excise tax and an SEC Update.
KPMG followed with a Tax Update covering global supply change, tax consideration related to accounting for share-based compensation under ASC 718, considerations for global equity plans and a Legislative Tax update.
A roundtable discussion led by conference chair and Deloitte partner, Brian Jobe, allowed all the attendees to introduce themselves and provide some background.
PwC led a session on Collaboration Agreement and Variable Interest Entities where the speakers discussed key considerations of the amended consolidation standard including red flags
Deloitte led the next session on Revenue from Contracts with Customers including a summary of the revenue recognition project to date and a summary of key provisions in the FASB exposure draft and potential industry implications.
Bill Greenrose, Deloitte Director, led the regulatory development discussion on the global regulatory framework, navigating compliance challenges, staying ahead of enforcement trends and competing in a changing regulatory environment.
The conference concluded with additional session on leasing, valuation and an industry overview by Citi, and a discussion of capital structures by Deloitte.
This year Deloitte speakers will again address the latest developments from the FASB & SEC including the exposure draft – scheduled to go final in May or June.
Here is a link to conference details: http://www.acslive.com/events/revenue_2013.html
PwC will follow up with a practical discussion study based on real world applications and how the FASB project differs from existing revenue recognition GAAP principles in relation to collectibility, contingent revenue, sales to distributors, performance obligations over time, elimination of VSOE requirement for software transactions, use of the residual approach, term licenses, time value of money and disclosure implications.
E&Y will cover fraud issues relating to revenue recognition.
Industry panelists will share their own experiences and related obstacles.
Spreadsheet Controls Session at SOX & Internal Controls Update Conference – also known as End User Computing
Deloitte addressed spreadsheet controls at our two most recent SOX & Internal Controls Update conferences in San Jose and D.C. and will be invited back to update their presentation in 2013.
Modern usage and versatility of end user computing is pervasive through most organizations. The risks involved include uncontrolled change, limited security options and incomplete version control.
The risk results could include misstated financial statements, regulatory and compliance violations, negative operational impacts and fraud.
The Deloitte speakers discussed the components of a solid End User Control framework – governance, people, process and technology.
The SOX and Internal Controls Update conference will be offered twice this year: San Francisco in May and D.C. in November. Click the link for details: http://www.acslive.com/events/sox_2013.html
Here is a link to see the full list: http://www.acslive.com/events/index.html
Experts from the Big 4 and within industry will cover the latest in revenue recognition, leasing, fair value, business combinations, Dodd Frank, SEC Comments, internal controls, Dodd-Frank, FASB & SEC Developments.
What to expect: Continental breakfast and lunch included each day. We have a block of discounted rooms reserved and will send you the link once you register. We typically have 40-60 attendees with 90% coming from industry. Program qualifies for 16 CPEs.
1. Register online using a credit card and the link above.
2. Register by phone at (610) 789-3110
3. Email your contact info to be invoiced to firstname.lastname@example.org
Financial Accounting & Reporting Update in Phoenix on March 21-22 $695: http://www.acslive.com/events/financial_2013phoenix.html
Revenue Recognition Accounting Update in Santa Clara on March 25-26 $795: http://www.acslive.com/events/revenue_mar2013_santaclara.html
SOX & Internal Controls Update in San Francisco on May 14-15 $795: http://www.acslive.com/events/sox_2013sanfran.html
Life Science Accounting Update in Hyatt Santa Clara on May 20-21 $795:
Financial Accounting & Reporting Update in Boston on June 11-12 $695: http://www.acslive.com/events/financial_2013cambridge.html
Revenue Recognition Accounting Update in Chicago Oak Brook on June 18-19 $795: http://www.acslive.com/events/revenue_2013_chicago.html
Accounting Update for Tech Companies in Santa Clara on June 24-25 $795: http://www.acslive.com/events/technology_2013santaclara.html
Revenue Recognition Accounting Update in Boston Cambridge on September 19-20 $795: http://www.acslive.com/events/revenue_2013_cambridge.html
Financial Accounting & Reporting Update in Irvine on Sept 23-24 $695: http: http://www.acslive.com/events/financial_2013irvine.html
SOX & Internal Controls Update in D.C. on Nov 18-19 $795: http://www.acslive.com/events/sox_2013dc.html
Financial Accounting & Reporting Update in Chicago Oak Brook on Nov 21-22 $695: http://www.acslive.com/events/financial_2013chicago.html
Revenue Recognition Accounting Update in Santa Clara on Dec 5-6 $795: http://www.acslive.com/events/revenue_dec2013_santaclara.html
Accounting Conferences and Seminars, LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417. Web site: www.nasba.org
Accounting Conferences and Seminars LLC
761 W. Sproul Rd #181
Springfield, PA 19064
(610) 789-3110 or email any questions to email@example.com
This year we have (4) 2-day Revenue Recognition conferences scheduled in Boston, Chicago and the Bay area (2x).
Here is a link to the agenda and details: http://acslive.com/events/revenue_2013.html
When the training was held in December 2012, we explored the accounting updates, exposure draft, fraud issues and spent some time on Software as a Service (SAAS).
One of the program highlights was PwC’s presentation on case studies/practical examples relating to how current US GAAP compares to the FASB Revenue Recognition Exposure Draft on collectibility, contingent revenue, sales to distributors, performance obligations over time, elimination of VSOE requirement for software transactions, use of the residual approach, term licenses, time value of money, disclosure implications.
Deloitte led the two 2012 conferences in San Jose and D.C. by setting the table and discussing the evolution of SOX, providing an update of internal issues causing adverse opinions, restatements and considerations for fraud.
Deloitte followed with a discussion of emerging Sarbanes-Oxley trends including SOX Value transformation, COSO Framework, PCAOB developments, new Internal Controls documentation and continuous monitoring and continuous auditing.
ACS will offer an updated version of this conference twice in 2013. The SOX and Internal Controls Update Conference qualifies for 16 CPEs and will be held in San Francisco in May and November in D.C.
Here is a link to the conference details: http://www.acslive.com/events/sox_2013.html
Last month at the Revenue Recognition Accounting Conference at the Hyatt Santa Clara, Protiviti addressed the issue of how to adopt the potential changes of the FASB Revenue Recognition Project.
In a presentation titled, “Beyond the numbers – Lessons Learned/Best Practices” the speakers illustrated the far-reaching implications of the changes to the standard – including IT, HR, Treasury, Sales, Marketing, Legal, Operations…
Protiviti Managing Director, Steve Hobbs, led the discussion by revisiting the adoption of IFRS standards in Europe. Steve examined the lessons learned and showed the competing priorities at play as well as the resource constraints that accounting exec faced.
The presentation continued through an overview of the 6 elements of infrastructure and the capability maturity model frameworks.
Accounting Conferences and Seminars will offer multiple revenue recognition 2-day CPE conferences in 2013. Click this link to see the 4 events scheduled in San Jose, Chicago and Boston: http://www.acslive.com/events/revenue_2013.html
In December 2012, we held a two-day revenue recognition conference at the Hyatt Santa Clara led by Deloitte, E&Y, PwC, Protiviti with added paenlists from Intel, LinkedIn and SAP.
Here is a link to our 2013 event schedule: http://acslive.com/events/index.html
The opening session was led by Deloitte and they covered recent past issues including ASC 605-25, Common Application examples, Impact of ASU 2009-13, Cloud Computing and recent SEC Comments.
Deloitte followed up with a discussion of the exposure draft from the FASB/IASB, industry comment letter themes and cloud computing considerations.
This two-day conference qualifies for 16 hours of CPE in all states. We will offer an updated version of the two day Revenue Recognition Conference in March and December in Santa Clara, CA; June in Chicago and September in Boston.