Earn 8 CPE credits and understand the new revenue recognition impacts!
ASC 606 (Revenue from Contracts with Customers) presents a major challenge for manufacturing and distribution companies – even if overall revenue is not affected – because of the amount of work needed to account for revenue under the new standard, the changes to current processes it may necessitate, and the amount of disclosures required to comply.
Join Baker Tilly for an in-depth training on the standard and interactive workshop with special emphasis on manufacturing and distribution industry challenges.
Cost to attend is $695. Baker Tilly clients, please contact us for discounted pricing.
Finance professionals and executive management will need a deep understanding of how the standard will impact their organization. We will review the standard and its five elements, discuss areas of significant change such as contract costs and disclosures in detail.
Following training on the standard, attendees will participate in an interactive workshop where they will breakout into small groups and walk through examples of applying the new standard.
To close the training, the instructors will discuss the transition methods and guidance, followed by a question and answer session to address attendees open items.
Key learning objectives
- Overview of the standard and applying the five elements
- Understand changes to contract costs and disclosures
- Review the current status on guidance for the transition
- Discuss key considerations for transition and how to get started
Space is limited! Register early to secure your seat.
|8:00 a.m. – 8:30 a.m.||Registration|
|8:30 a.m. – 12:00 p.m.||ASC 606 training|
|12:00 p.m. – 1:00 p.m.||Lunch|
|1:00 p.m. – 3:00 p.m.||Workshop|
|3:00 p.m. – 4:00 p.m.||Transition guidance|
|4:00 p.m. – 5:00 p.m.||Q&A|
Information about CPE eligibility
There are no prerequisites for this seminar, and advance preparation is not required. This seminar costs $695 to attend. Baker Tilly clients, please contact us for discounted pricing. Registrants will be invoiced upon completion of registration.
CPE credit: Eight (8) hours total credit
Field of study: Accounting (GAS80)
A certificate of completion will be e-mailed to you four to six weeks after the event.
For more information regarding administrative policies such as complaint and refund, please contact our offices at 608 240 2522.
Baker Tilly Virchow Krause, LLP 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.learningmarket.org.