FASB Revenue Recognition Training Webinar

In 2015, FASB finalized the long-awaited revenue recognition project. This impacts GAAP financial statements for all for-profits and any Non-Profit entities that have exchange transaction revenues (non-contribution revenues.) Non-public companies must adopt the revenue recognition standard for years beginning after December 15, 2018. FASB is still working through implementation questions that have come up and additional guidance is still being issued.

Why the long implementation period? It’s simple; many entities will need to make changes in their accounting and other computer systems to properly track and aggregate the data needed to implement these changes.

Download a PDF of Revenue Recognition Webinar here.
     
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