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Topic 606 Revenue Recognition Model

 

Go beyond understanding the resulting debits and credits in the financial statements.

The new revenue recognition standard brings significant change in how organizations approach recognizing, measuring and disclosing revenue. All transactions with customers must be accessed using the new five step approach. Within the five steps are multiple additional considerations that also need to be addressed depending on the nature of the transaction. This topic will guide you through those five steps and help you apply them to your organization transactions with customers. The material will also explain adoption methods and disclosure requirements.

Agenda

Faculty

Mark Robins, CPA

Mark Robins, CPA

Aprio, LLP

  • Partner, Assurance Services at Aprio, LLP
  • Over 15 years of experience in public accounting
  • Specializes in nonprofit financial reporting and auditing
  • Conducts regular seminars and workshops internally and externally on various topics in accounting and auditing
  • Member of the AICPA
  • B.S. degree in accounting, California State University Northridge
  • Can be contacted at 240-364-2645 or [email protected]

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