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ASC 606…Technical and Beyond!

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Craig Kirsch, CPA (US)

Chargebee

Friday, June 18, 2021 | 12:00 PM EDT

  • CPA (US)

1 Credit

FREE

Subject Area

Accounting

Webinar Qualifies For

1.5 CPE credit of Accounting for all CPAs

1 General Educational credit for Tax Professionals / Bookkeepers / Accountants

Course Description

Are you prepared for the implementation and compliance of the revenue recognition standards of ASC 606? Implementing ASC 606 requires both a technical understanding of the standards as well as a deep understanding of how compliance will impact the day-to-day operations of your finance and accounting department. 

Revenue recognition is a GAAP concept and requires specific information from various sources and systems within your organization.  The problem is that the information needed is usually not expressed in the terms that accountants want and need for ASC 606 compliance.  

As a result, accountants are forced to collect and decipher non-GAPP reports and information into meaningful information necessary for proper revenue recognition.  This process is time-consuming, burdensome and prone to human error.  

Accounting and finance teams need information that goes beyond the “non-GAAP” operational reports.  This requires an understanding of the technical aspects of ASC 606 and the day-to-day challenges of ASC 606 implementation.  This course will identify the challenges accounting and finance departments face to efficiently and accurately recognize revenue. 

This Live Virtual Event covers the following Key Topics:

  • Technical requirements of ASC 606
  • The information requirements and data sources for ASC 606 compliance
  • Opportunities to automate revenue recognition and the benefits of automation

Learning Objectives

Who Should Attend?

  • Accountant
  • Accounting and audit managers/practitioners
  • Accounting Firm
  • Accounting Managers
  • Accounting Practice Owners
  • Bookkeepers & Accountants & Tax Preparers
  • Certified Management Accountant
  • Certified Public Accountant
  • Certified Valuation Analysts
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Financial Planner
  • IT Managers
  • Senior Accountant
  • Staff of Accounting Firm
  • Young CPA

Testimonial

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