Understanding Proper Revenue Recognition

Jun 13, 2018 12:00pm -
Jun 13, 2018 01:30pm
(GMT-5)

Event Description

This is the first of the trifecta of changes that will be changing the face of financial reporting over the next three years (for public firms) and next four (for private firms). The first is Revenue Recognition (2018), the second Leasing (2019) and finally CELC (2020) (Current Expected Loss Calculation). Each of these will be required one year later for private firms.

This new standard is the most transformational change in the history of the FASB. It will touch nearly every company. But even many public companies are not ready for the implementation. For some companies, revenues will be accelerated. For others, it will be postponed. For some, it will never appear. But it is not only revenues that are at issue. Expenses recognition patterns will also change. This will have implications on not just earnings but incentive compensation calculations. It will impact all aspects of a company.

If you are a loan officer, credit officer, loan underwriter, accountant, financial analyst or loan reviewer you will need to be prepared on how to interpret the new statements. Otherwise you may be missing great opportunities to lend or invest. You may also miss out on opportunities to consult with the business community to get additional leads.

By attending this webinar, you will gain:

  • A High level understanding of the overall new standard
  • Implications of the new standard on the balance sheet and income statement of
    your clients
  • Side by side comparison of the reporting to use to develop analysis templates
  • How revenue can disappear especially in a merger or acquisition
  • Implications for gift cards and certificates
  • How your risk rating system may be impacted

REGISTRATION OPTIONS

If you are having issues with registering online, please contact CBAO's Education & Training Coordinator, Lianne Simeone, (614) 610-1877.


Event Type:Webinar &/or On-Demand Link/CD
Category:NE Region Meeting
Early registration ends on Mar 31, 2018.
Regular registration starts on Apr 01, 2018 and ends on May 16, 2018.
Late registration starts on May 17, 2018.
(GMT-05:00) Eastern Time (US & Canada)

 

Registration Fees
Fee TypeEarlyRegularLate
 Live Webinar
Member Fee: $265.00$265.00$290.00
Non-Member Fee: $400.00$400.00$425.00
 Additional Hookups
Member Fee: $175.00$175.00$175.00
Non-Member Fee: $260.00$260.00$260.00