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2-Day Conference: Software Revenue Recognition Accounting Update 2019 (Boston, United States - November 19-20, 2019) - ResearchAndMarkets.com

January 2, 2019

DUBLIN--(BUSINESS WIRE)--Jan 2, 2019--The “Software Revenue Recognition Accounting Update 2019” conference has been added to ResearchAndMarkets.com’s offering.

The new Revenue Recognition Standard has finally been issued. The new guidance standardizes how companies should recognize revenue under U.S. GAAP and IFRS.

This conference will go through the new guidance and address the latest developments in key areas, significant changes, scope, disclosure, and impacts. The agenda is very similar to our more general Revenue Recognition conference but the examples, case studies, and practical walk-throughs will be focused on software.

Learning Objectives

Review the latest changes in key areas Understand the big picture concepts from an SEC perspective Begin to assess the effects of the new standard on your company or clients

Agenda

DAY 1

8:00 - 8:45

Continental Breakfast and Registration

8:45 - 10:45

Revenue Recognition: New Standard Lessons learned from the most recent amendments and EITFsEffective date and transition issuesScope of new standard and overviews

10:45 - 11:00

Break

11:00 - 12:30

Revenue Recognition: New Standard Key Areas and Examples Step 1: identifying the contractStep 2: identifying performance obligationsStep 3: determine the transaction priceStep 4: allocate the transaction priceStep 5: recognizing revenueOther provisions and implementation guidance

12:30 - 1:30

Lunch

1:30 - 2:45

Transition Issues What steps to take nowGuidance on adjustments as business models evolve (i.e. cloud computing)Resulting changes to sales/operations/IT/accounting policies

2:45 - 2:55

Break

2:55 - 4:00

Commissions Preparing for commission accounting changesEstimating commission amortizationSupporting audit requirements

4:00 - 4:05

Break

4:05 - 5:05

Revenue Recognition and Internal Controls ASC 606 Implementation project lifecycleOverview of the new rules from a control perspectiveControls to considerExternal auditor considerations

DAY 2

8:45 - 10:45

ASC 606: Connecting the Dots Work through a comprehensive example of a transaction under ASC 606 using a simplified version of a checklistFully interactive sessionTackle the standard step by step

10:45 - 11:00

Break

11:00 - 12:00

Case Study Continued...Plus Discussion on Disclosures

12:00 - 1:00

Lunch

1:00 - 2:15

Revenue Recognition: Case Studies and Practical Examples Collectability, Contingent Revenue, Sales to DistributorsPerformance Obligations Over Time, Elimination of VSOE for SoftwareResidual Approach, Term Licenses, Time Value of Money

2:15 - 2:25

Break

2:25 - 3:35

Tax Impact of the New Standard Tax Principle for revenue recognitionExamplesOther considerationsNext steps

3:35 - 4:30

Implementation Observations Making revenue recognition manageable for those on the front linesEngaging in a dialogue: narrowing the gap between sales and accountingWhen and how to communicate issues of emerging importance

For more information about this conference visit https://www.researchandmarkets.com/research/shfwlj/2day_conference?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190102005251/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:Software

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY SOFTWARE

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 01/02/2019 06:29 AM/DISC: 01/02/2019 06:28 AM

http://www.businesswire.com/news/home/20190102005251/en

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