2020 revenue recognition cpeonline

Revenue Recognition Accounting Update (ASC 606)

January 31, 2020

Revenue Recognition Accounting Update (ASC 606)

VIRTUAL CONFERENCE

This conference assumes you are already familiar with the five-step model. It will address the latest developments in key areas, significant changes, scope, disclosure and impacts. There will be plenty of examples and a detailed case study.

LEARNING OBJECTIVES:

Review the latest changes in key areas
Understand the evolving revenue recognition impacts on internal controls
See where your counterparts are getting stuck and how you can avoid similar issues through case studies and examples

REGISTRATION INFORMATION:

Cost: $545 (deadline extended).
This event will run 8:45-4:40p (PDT) each day.

Register any one of three ways:
1. Register online using a credit card and click the orange button
2. Register by phone at (610) 789-3110
3. Email your contact info to be invoiced to mtarman@acslive.com

Agenda: DAY 1
8:45	10:55	Revenue Recognition: Past Issues and Emerging Trends Where people are getting stuck within the five-step model Price concessions Modifying contracts Customer options and material rights Performance obligations - software industry considerations Significant financing component Principal-versus-agent considerations Contract costs Onerous performance obligations/contracts
10:55	11:10	Break
11:10	12:30	Cases and Examples Areas of significant complexity and judgement Top causes of restatements Operational and business model changes Interaction with other guidance
12:30	1:00	Lunch Break
1:00	2:15	Industry Panel Discussion The format of this session will be interactive and led by a moderator. Three industry panelists will briefly introduce their companies and discuss their revenue recognition hot topics. Questions will follow from the moderator and attendees.
2:15	2:25	Break
2:25	3:40	SEC & Revenue Recognition Perspectives SEC Comment Letter Trends and Themes Accounting for usage-based fees Acquired Contract Assets/Liabilities from Business Combinations
3:40	3:45	Break
3:45	4:45	Revenue Automation Components of Revenue Automation Defined Approach to Automate Revenue Operations with Illustrative Example Types of Solutions that Enable Revenue Automation System Selection Considerations

Agenda: DAY 2
8:45	11:15	ASC 606: Interactive discussion on a series of scenarios Selected practice areas: Revenue Customer, Contract Duration, Enforceable Rights, Performance Obligations, Replacement Right, License Modifications, Measure of Progress, Contract Cost Group will use polling to work through each question Moderators from Connor Group will explain their recommended answers and explanations
9:55	10:10	Break
11:30	12:40	Disclosures Recent Trends Disaggregated revenue Reconciliation of contract balances Qualification of performance obligations Disclosure of significant assumptions Quantification of costs to complete a contract
12:40	1:20	Lunch Break
1:20	2:40	Commissions: Deeper Dive Adoption of ASC 340-40, Other Assets and Deferred Costs - Contracts With Customers Provide foundational understanding of identifying costs to be capitalized under ASC 340-40 Provide foundational understanding of how to amortize incremental contract costs Provide an overview of disclosure requirements
2:40	2:45	Break
2:45	4:05	Impact on Internal Controls Changes in Information and Related Data - Quality Needs ASC 606 Internal Control Considerations On-going ASC 606 Controls Management Review Controls Information Used in Controls (IUC) IT-General Control Considerations COVID-19 Impact on Internal Controls SOX Optimization & Modernization

Conference Series Speakers Include:
Brian Allen Effectus Group, Partner and National office Head
Morgan Stanton BillingPlatform, Senior Product Manager
Keith Ma Effectus Group, Director of Technical Accounting
Garrett Copeland Deloitte, Senior Manager - National Office Accounting and Reporting Services
Katherine Donzella Deloitte, Senior Manager - National Office Accounting and Reporting Services
Brian Aubuchon Effectus Group, Director
Aleks Zabreyko Connor Group, Senior Technical Partner
Jesse Fillerup Connor Group, Director - Technical Accounting
Jillian Zandonella PwC, Director
Jeff Griffiths PwC, Director
Mike Durelli, PwC. Deals Manager
Dominic Mills Grant Thornton, Senior Manager
Julie Dockins Grant Thornton, Audit Manager
Gargi Ray Infosys, VP Finance
Heather Bradshaw RSM, Senior Manager
Chantal Adam Salesforce, VP Corporate Accounting
Brandon Campbell PwC, Director
Tai Fung Starbucks, Director - Assistant Controller
Angela Liu Stealth, Strategy and Product

Accounting Update for Software Companies

November 23, 2019

Accounting Update for Software Companies

VIRTUAL CONFERENCE

The new Accounting Update for Software Companies agenda will split half the time on revenue recognition issues and the remainder on developments in other key areas. There will be plenty of examples and a detailed case study.

LEARNING OBJECTIVES:

Review the latest changes in key areas
Understand how the latest issues impact your company
See where your counterparts are getting stuck

REGISTRATION INFORMATION:

Cost: $695
This event will run 8:45-4:40p (PDT) each day.

You can also register by phone, 610 789-3110
or Email questions or to be invoiced to: mtarman@acslive.com

Agenda: DAY 1
8:45	10:20	Internal Control Considerations Significant Changes in Information and Related Data-Quality Needs Control Considerations for ASC 606 Examples Controls
10:20	10:35	Break
10:35	11.50	Cybersecurity Update Ransomeware Latest Threat Trends
11:50	1:00	Lunch Break
1:00	2:10	Accounting for Share-Based Payment Awards Scope Classification Recognition Secondary transactions for private companies Nonemployee share-based payment awards Modifications
2:10	2:20	Break
2:20	5:00	ASC 606: Interactive discussion on a series of scenarios Selected practice areas Principal - Agent Accounting for subscription revenue Group will use polling to work through each question

Agenda: DAY 2
8:45	10:30	SEC & Revenue Recognition Perspectives SEC Comment Letter Trends and Themes Accounting for usage-based fees Acquired Contract Assets/Liabilities from Business Combinations
10:30	10:45	Break
10:45	12:00	SEC Update SEC Priorities SEC Rulemaking SEC Reporting Considerations New Accounting and Auditing Standards SEC Review Process Industry Comment Letter Trends
12:00	1:00	Lunch
1:00	2:30	ESG Update The SOXification of ESG Governance and Process Internal Assurance over ESG Reporting Practical Examples
2:30	2:35	Break
2:35	3:40	M&A Update Latest industry trends Valuation models Accounting considerations
3:45	4:50	Industry Hot Topics Where we see companies getting stuck

Conference Series Speakers Include:
Sherin Babaei, KPMG, Director
Brian Powell CFGI, Partner
Keith Ma Effectus Group
Donald Thomas CFGI, Senior Manager
Tony Goncalves Deloitte, Managing Director
Tyler Murakami Deloitte, Manager National Office
Aleks Zabreyko Connor Group
Caroline Yan Connor Group
Roger Delph Protiviti, Senior Manager Cybersecurity
Mark Gion RGP, VP
Brian Aubuchon Effectus Group
Angela Liu GAAPSaavy

Revenue Recognition Accounting Update <br /> (ASC 606)

November 4, 2019

Revenue Recognition Accounting Update
(ASC 606)

VIRTUAL CONFERENCE

Get your annual revenue recognition update here! The new Revenue Recognition Standard made a significant impact on the way most companies recognize revenues. Best practices continue to evolve and there are a number of areas where companies are still searching for answers. This conference assumes you are already familiar with the five-step model. It will address the latest developments in key areas, significant changes, scope, disclosure and impacts. There will be plenty of examples and a detailed case study.

LEARNING OBJECTIVES:

Review the latest changes in key areas
Understand the big picture concepts from an SEC perspective
See where your counterparts are getting stuck

REGISTRATION INFORMATION:

Cost: $545

This conference will be held 8:45AM-4:40PM (PDT) each day

Agenda: DAY 1
8:45	10:55	Revenue Recognition: Past Issues and Emerging Trends Where people are getting stuck within the new model Implementation observations Beware These Hot Spots - Comment Letters Survey results
10:55	11:10	Break
11:10	12:15	Commissions Incremental Cost Capitalization Accelerator Commission Payments Multiple Costs for One Contract Contract Modifications Clawback Provisions Fringe Benefits Amortization Period Common Questions
12:30	1:00	Lunch
1:00	2:15	Industry Panel Discussion Hear from your counterparts in industry about their experiences in working through ASC 606 Unseen obstacles Communication Issues
2:15	2:25	Break
2:25	3:20	Tax Impact
3:20	3:25	Break
3:25	4:40	Disclosure Issues Adoption and Post-Adoption Disaggregated Revenue Reconciliation of Contract Balances Qualification of Performance Obligations Disclosure of Significant Assumptions Quantification of Costs to Complete a Contract Examples Next Steps

Agenda: DAY 2
8:45	10:55	ASC 606: Interactive discussion on a series of scenarios Selected practice areas Group will use polling to work through each question Moderators from Connor Group will explain their recommended answers and explanations
10:55	11:05	Break
11:05	12:15	Accounting for Modifications and Repurchase Agreements
12:15	12:45	Lunch
12:45	1:45	Impact on Internal Controls
1:45	1:50	Break
1:50	3:05	Revenue Recognition: Case Studies and Practical Examples Material Right - Renewal Option Sales to Distributor Contract Does Not Meet the Criteria of Apply the New Model Good or Service is Distinct in the Context of the Contract Estimating the Transaction Price Sales-or-usage Based Fees When Does Control Transfer? Recognizing Revenue
3:05	3:10	Break
3:10	4:25	Revenue Recognition Updates & Implementation Issues Making revenue recognition manageable for those on the front lines Engaging in a dialogue: narrowing the gap between sales and accounting When and how to communicate issues of emerging importance

Conference Series Speakers Include:
Chad Montgomery KPMG
Miranda Chook RGP
Matt Svetich Effectus Group
David Sandry Grant Thornton
PJ Theisen Deloitte
Josh Kinsell Deloitte
Aleks Zabreyko Connor Group
Caroline Yan Connor Group
James Bell KPMG
Narayanan Balakrishnan Ernst & Young
Angela Liu GAAPSaavy

November 3, 2019

Financial Accounting & Reporting Update

VIRTUAL CONFERENCE

We are seeing an unprecedented level of major accounting changes from US and international standard-setters. This conference will address the latest developments in key areas. Experts from the Big Four and regional firms will lead the discussion.

LEARNING OBJECTIVES:

Understand the latest accounting changes in key areas
Recognize the timelines and key factors
Begin to assess the effects of COVID-19 on your company or clients

REGISTRATION INFORMATION:

Cost: $545 (save $150 off the regular price of $695 if you register by May 18th – deadline extended).

*If you have any trouble logging on or need us to resend your link, email rdowd@acslive.com or call us at 610 789-3110

*Agenda will be updated to reflect latest industry issues in early 2020.

Agenda: DAY 1
8:45	10:00	Fraud and Accounting Failures Context and perspective Examples: Fictitious Sales or Revenue Examples: Timing Issues Examples: Other Issues
10:00	10:10	Break
10:10	11:25	Hedge Accounting Post ASU 2017-12: Where we Landed and Where are we Headed Next Interest rates Commodity FX The risks, the instruments and the accounting-disclosures
11:25	11:30	Break
11:30	12:30	FASB Update Recent and Proposed ASUs Current Projects Disclosure Effectiveness Impact of COVID-19 What to expect in next 12 months
12:30	1:15	Lunch
1:15	2:25	SOX & Internal Controls Update Techniques and methods to cut costs and minimize time spent during a pandemic Information Provided by Entity (IPE) Update Robotic Process Automation (RPA) Update Latest PCAOB Audit Trends
2:25	2:35	Break
2:35	3:45	Accounting for Leases Update Lessons Learned in Initial Implementation Impact of project was underestimated Some of more challenging areas include: identifying lease population, data abstraction, implementing a platform for ongoing reporting and identifying processes and controls for applying the requirements
3:45	3:50	Break
3:50	4:40	Tax Update Interpretations and examples Impact of COVID-19

Agenda: DAY 2
8:45	10:15	SEC Update SEC Personnel Update The Financial CHOICE Act JOBS Act Implementation Update FAST Act (aka JOBS Act 1.5) Form 10Q Efficiencies Interim Financial Statements MD&A Quantitative & Qualitative Disclosures
10:15	10:30	Break
10:30	12:00	Revenue Recognition Update Where people are getting stuck within the new model Implementation observations Beware These Hot Spots - Comment Letters Survey results
12:00	12:45	Lunch
12:45	2:00	M&A Update Industry Trends Recent Activity Impact of COVID-19
2:00	2:10	Break
2:10	3:25	Cybersecurity Update Protecting personal data Smart consumer devices expanding faster than controls Personal Health and Medical Devices Ransomware
3:25	3:30	Break
3:30	4:40	Treasury Update Libor transition Cryptocurrency update The geopolitical landscape - threats to international trade

Conference Series Speakers Include:
Jason Emmons Moss Adams, Partner
Ashima Jain PwC, Managing Director-National Office
Guido van Drunen KPMG, Principal
Justin Silva RSM, Partner
Jordi Pujol Ernst & Young
Hitesh Nathani Ernst & Young, Senior Manager
Helen Kane Hedge Trackers, President & Founder
Sandra Tullis Ernst & Young, Senior Manager
Kelsey Habura Deloitte, Senior Manager
Ky Kano Deloitte, National Office Accounting Consultation
Keith Ma Effectus Group, Senior Manager
May Yu Deloitte, Senior Manager
Jon Medina Protiviti, Director
Tony Goncalves Deloitte, Managing Director
Dan Hansen Protiviti, Managing Director
Uday Devasper Effectus Group, Partner