Ready or Not: Your AE Firm & Revenue Recognition Changes
The standard change (ASC 606) deadline for non-public companies is looming and now is the time to get serious about your implementation.
Join Principal Nikki Hoffman for this overview of the new recognition standard that will have an impact on many current accounting policies, and financial reporting processes and systems of many Architecture and Engineering firms. During this webinar, attendees will explore the five-step model to revenue recognition and some key considerations and practical approaches to determine if and how your accounting department may need to adjust.
- Overview of the new standard
- Understand how to apply the five elements
- Discuss key considerations for transition and next steps
- Awareness of potential challenges