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In a two hour live webcast, a panel of key thought leaders and distinguished professionals will provide an in-depth discussion of the recently issued FASB Accounting Standard Update No. 2014-09: Revenue from Contracts with Customers (Topic 606). This new standard, which was the result of years of joint work between the FASB and IASB, has the potential to significantly impact revenue recognition for many companies in many industries. This live webcast will help firms better assess the implications of the new revenue recognition standard for their company or their clients.
Key topics include:
· ASU No. 2014-09: An Overview
· Identifying the contract and the performance obligations of the contract
· Determining the transaction price & allocating the transaction price to the performance obligations
· Satisfying the performance obligations
· Other accounting considerations
· Presentation and disclosure considerations
· Implementation considerations
About Mark Grover
Mark Grover is a senior managing director in the FTI Consulting Forensic Accounting and Advisory Services practice and is based in Boston. Mark’s experience includes a wide range of complex accounting advisory projects, forensic accounting investigations, and accounting-related business disputes, many of which have involved the assessment of revenue recognition in accordance with EITF’s 00-21 and 08-1, SAB 104, and SOP’s 97-2 and 81-1, as well as various other revenue recognition standards. He has served clients primarily in the high tech, manufacturing, life sciences and pharmaceutical industries and has extensive experience with both large multinational clients and emerging growth companies.
About FTI Consulting
FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. With more than 4,200 employees located in 26 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management, strategic communications and restructuring. The Company generated $1.65 billion in revenues during fiscal year 2013. More information can be found at www.fticonsulting.com
About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
The Knowledge Congress is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. Its mission is to produce unbiased, objective, and educational live webcasts that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format.
The organization brings together the world's leading authorities and industry participants through informative two-hour webcasts to study the impact of changes and emerging trends. Hear from leading government officials/regulators, key thought leaders, and industry experts objectively analyze the latest trends and issues and their impact on industries.
The Knowledge Group, LLC
The Knowledge Group, LLC