Description:

Revenue recognition has experienced a monumental shift under U.S. GAAP, representing one of the most impactful changes in accounting standards to date. This transformation replaces the former patchwork of industry-specific rules with a streamlined, principles-based five-step framework. While this updated approach promotes consistency and comparability across industries, it also presents new complexities and requires a deeper understanding of contract analysis, performance obligations, and timing of revenue recognition.

This webinar is essential for accounting and finance professionals involved in preparing or analyzing financial statements. It will guide attendees through the core elements of the new revenue recognition standard, helping to ensure accurate application and full compliance. Participants will gain clarity on the framework's requirements, improve their ability to interpret financial data under the new rules, and enhance decision-making in a regulatory environment that continues to evolve.

Your Benefits For Attending:

• Gain a comprehensive overview of the new five-step approach to revenue recognition
• Learn to distinguish contracts with customers from other types of arrangements
• Identify and define performance obligations within customer contracts
• Understand methods for allocating the transaction price to performance obligations
• Determine the appropriate timing for recognizing revenue

This webinar is a valuable opportunity to build confidence and technical skill in applying the new revenue recognition standards. Whether you're preparing or reviewing financial statements, you'll walk away with practical insights that directly support compliance and strategic analysis.

Who Should Attend?

• Accountants
• Financial Analysts
• Controllers
• Chief Financial Officers (CFOs)
• Finance Managers
• Auditors (Internal & External)
• Tax Professionals
• Financial Reporting Specialists
• Revenue / Compliance Specialists
• Financial Controllers
• Senior Finance Professionals
• Accounting Managers