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: $545 (save $150 off the regular price of $695 if you register by August 14th).
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 | ||
|---|---|---|
| 8:00 | 8:45 | Continental Breakfast and Registration |
| 8:45 | 10:45 | 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 |
| 10:45 | 11:00 | Break |
| 11:00 | 12:30 | Revenue Recognition: Key Areas and Illustrative Examples Collectibility Contract Modifications Identifying Performance Obligations Contingent Revenue Costs to Obtain a Contract Significant Financing Component Performance Obligations Over Time Elimination of VSOE Requirement for Software Transactions |
| 12:30 | 1:30 | Lunch |
| 1:30 | 2:45 | Internal Control Considerations |
| 2:45 | 2:55 | Break |
| 2:55 | 4:00 | Commissions Incremental Cost Capitalization Accelerator Commission Payments Multiple Costs for One Contract Contract Modifications Clawback Provisions Fringe Benefits Amortization Period Common Questions |
| 4:00 | 4:05 | Break |
| 4:05 | 5:05 | 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 | 10:45 | 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 |
| 10:45 | 11:00 | Break |
| 11:00 | 12:00 | Round Robin session on operational issues |
| 12:00 | 1:00 | Lunch |
| 1:00 | 2:15 | FASB Update Recent and Proposed ASUs Current Projects Disclosure Effectiveness What to expect in next 12 months |
| 2:15 | 2:25 | Break |
| 2:25 | 3:35 | Accounting for Share-Based Payment Awards Scope Classification Recognition Secondary transactions for private companies Nonemployee share-based payment awards Modifications |
| 3:35 | 4:30 | IT Risk and Cybersecurity Overview Disclosure requirements Risks in the Digital Age Key Questions Solutions and Activities Examples of Threat Scenarios |
| 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 |