Events Search
  Summary & Check Out (0)
Tuesday, August 3, 2021 Live Webcast

Topic 606: Tackling the Year Two Post-Implementation Issues (X1-TYR4-2021-01-WEBNR-215-01)

9:00 AM - 12:30 PM EDT
webcast

Vendor Platform

4 CPE Credits in AA

OVERVIEW

While the effective date of Topic 606 is behind us for both public and non-public entities, issues related to the application of the new revenue recognition guidance remain. Whether resulting from SEC comment letters, peer group analysis or from continued internal feedback, many entities are continuing to fine-tune their application of the new guidance beyond the year of implementation.

DESIGNED FOR

Accounting and auditing practitioners at all levels desiring to understand the FASB’s new revenue recognition guidance.

BENEFITS

  • Recall common implementation challenges in the adoption of Topic 606
  • Identify common sources of SEC comments and their resolution related to Topic 606 implementation
  • Identify best practices to improve the effective and efficient recording of revenue prospectively
  • Identify opportunities to change business operation in order to achieve desired outcomes under Topic 606

HIGHLIGHTS

  • Common sources of SEC comments related to public adoption of Topic 606
  • Disclosure examples for both public and private companies
  • Common errors in the application of the Topic 606 guidance
  • Operational issues and changes identified in the Topic 606 implementation process and how best to address these

COURSE LEVEL

Intermediate

PREREQUISITES

Experience in accounting and auditing.

ADVANCE PREPARATION

None

INSTRUCTOR

Richard Daisley

Richard Daisley, CPA

Surgent Professional Education

Rich Daisley brings over 30 years of experience in the accounting and auditing field to his role as an instructor with Surgent. Prior to Surgent, Mr. Daisley spent 20 years at PwC as an assurance senior manager. During his tenure there, he was first in PwC’s assurance practice and then, PwC’s Capital Markets and Accounting Advisory Services group, where he advised clients on the implementation of new accounting pronouncements as well as on issues related to public offerings. ---- Rich is Vice President of Accounting and Auditing Curriculum at Surgent CPE. He is a CPA and has over 30 years of experience in the accounting and auditing field. He has worked in both the client service setting as well as in internal capacities as a facilitator of accounting and auditing courses. He was an assurance manager with PwC, spending time in both the assurance practice as well as with PwC’s Capital Markets and Accounting Advisory Services group, where he advised clients on the implementation of new accounting pronouncements as well as on issues related to public offerings. Rich also worked in PECO Energy’s Merger and Acquisition group, where he performed financial due diligence that supported PECO’s acquisition activity in the energy sector. He has experience in the manufacturing, health care, energy, and pharmaceutical industries. Prior to joining Surgent, Rich also has more than 10 years of experience as a course developer and facilitator, creating and leading training courses on such topics as revenue recognition, stock based compensation, equity instruments and performing integrated audits under the Sarbanes-Oxley legislation. He also designed and delivered courses on instructor development and facilitation skills to senior PwC internal course instructors. In 2015 he joined Surgent as Director, Accounting & Financial Reporting Content. In this role, he manages Surgent’s A&A curriculum, including researching and developing the technical content for Surgent’s Accounting and Financial Reporting curriculum.

PRICING

$139.00 - Member

$159.00 - Nonmember

Pre-Registration Closed

Online pre-registration for this event is now closed.

ADDITIONAL OPTIONS

Print a registration form

COURSE DEVELOPER

Surgent