2021 asc 606 cpe

January 5, 2021

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 these standards on your company or clients

REGISTRATION INFORMATION:

Cost: $695
This event will run 8:45-4:40p (Pacific Time) 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	10:20	Revenue Recognition Update 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
10:20	10:40	Break
10:40	12:00	Tax Update A full plate for Congress Key Tax Proposals Latest legislative developments Build Back Better Act
12:00	1:00	Lunch Break
1:00	2:30	ESG Update Understanding Risks and Opportunities A new way of thinking Report accurately and disclose transparently Create value through ESG principles
2:30	2:40	Break
2:40	3:45	Cybersecurity Update: Ransomware What is ransomware? The ransomware landscape Defending against ransomware Additional considerations Key takeaways
3:45	3:50	Break
3:50	5:00	Intelligent Automation & Future of Work Low-code automation What we are seeing in the market today Typical process automation opportunities Accounting considerations and perspective on the future of work

Agenda: DAY 2
8:45	10:05	SEC Update Leadership Current landscape Rulemaking update CAQ regulations committee meeting highlights Emerging issues SEC staff comments and reminders Resources
10:05	10:15	Break
10:15	11:30	Lease Accounting Work from home considerations Accounting for modifications Where companies are running into issues
11:30	11:35	Break
11:35	12:45	Accounting for Acquisitions Update Current state Typical transaction timeline and activities Process coordination Accounting perspective Identify acquiror, date, purchase price, allocation of purchase price Other considerations
12:45	1:15	Break
1:15	2:45	Fraud Update Corruption Other Fraud Risks Compliance and Some Suggestions The Finance Function---the canary in the coal mine
2:45	3:00	Break
3:00	4:25	SOX & Internal Controls Update COVID 19 considerations Sarbanes-Oxley Act Optimization and Modernization Robotic process automation (RPA) Risk assessment ICFR areas of focus: Management review controls (MRCs) Automated Controls (ITACs) Material weaknesses Significant transactions or events Information used in the control (IUC) IT/system implementation System and organization controls (SOC) reports

Conference Series Speakers Include:
Brian Aubuchon Effectus Group, Managing Director
Jeff Kummer Deloitte, Partner
Susan King KPMG, Partner
Steven Estes KPMG, Partner
Jamie Tolles ZeroFox, Vice President, Response
John Williams Ernst & Young, Senior Technology Consultant
Michael Cheng Frazier & Deeter, National Professional Practice Partner
Kumail Sarwar Ernst & Young, Senior Manager
Cindy Williams Grant Thornton, Director SEC Regulatory Matters
Dominic Mills Grant Thornton, Senior Manager
Natasha Khegay Effectus Group, Director
Gopika Ranganathan Effectus Group, Senior Manager
Abby Cohen Deloitte, Senior Manager
Guido van Drunen Global Compliance Management and Response, Member and Co-Founder

Accounting Update for Software Companies

January 5, 2021

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 8:45-4:55p (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

Learning Objective
To provide attendees with a complete understanding of the latest accounting rule changes and best practices

Delivery Method
Group internet-based

Recommended
CPE Credits Awarded:
16

NASBA Field of Study
Accounting

Prerequisite
General knowledge of basic accounting requirements including financial statement preparation and reporting

Program Level
Update

Advance Preparation
None

Who Should Attend
CFOs (and their staff), Controllers, VPs of Finance, Accounting Directors and Managers, Senior Accountants, Revenue Managers and Analysts, Internal Auditors, Tax Accountants, Treasury Staff, Internal Control/SOX Managers, Public Accountants, Educators

Refund Policy
To receive a full refund for a virtual conference, cancellation notice must be received by phone or email 5 days prior to the event. Registrants whose cancellation notices are received after the 5-day deadline will receive a transferable, nonrefundable credit.

Complaint Resolution Policy
For more information regarding administrative policies such as complaint and refund, please contact our office at (610) 789-3110

Our Sponsor
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 submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.