The efficiency of the audit process is heavily dependent on the correct revenue recognition. With the changing nature of business and the modern-day auditor needs to be equipped with an infallible understanding of identifying revenue for a business with full proof process.
ASC 606 replaces most existing revenue recognition guidance and brings unprecedented challenges for private companies in 2019. This authoritative webinar will help preparers and auditors unravel the complexities of the new standard and avoid areas of concern. The webinar takes an educated approach starting from basic understanding from GAAP through how auditors can minimize the audit risk from the revenue recognition perspective for FASB’s new revenue recognition guidance in ASC 606.
Designed for accounting and attestation practitioners at all levels in both public accounting and business and industry, this course provides a comprehensive review of recent standard setting activities and provide in depth coverage of :
Jim Woy, CPA, is a provider of auditing, accounting, and financial reporting services. Jim also performs peer reviews and presents numerous continuing education courses in the audit and accounting field. He also oversees tax services for corporations, partnerships, individuals, and nonprofit organizations. His service concentrations are government, nonprofit, construction, and health care.
Anderson ZurMuehlen & Co., P.C., is a certified public accounting and business advisory firm, headquartered in Helena, Montana, United States. The firm has a professional affiliation with BDO Alliance, an international association of independent accounting and law firms
MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.