Thursday October 11 2018 @ 11:00 am
The FASB’s new standard presents major changes to the manner in which companies account for revenue. Please join MBAF for a webinar that reviews the current transition guidance, discusses areas of significant change, and how your company can prepare.
What You’ll learn:
As the transition period is now underway for both public and private companies, it’s imperative to start planning. Join us as we explore these topics:
- Overview of revenue recognition standard and the Five Step Recognition Model
- Understanding changes to contract costs and disclosures
- Understanding the financial and operational changes
- Review the current status on guidance for the transition
- Discuss key considerations for transition and how to get started
- Explore the challenges and impact to specific industries
Take advantage of this session to learn from the subject matter experts by registering today!
About the Presenters:
|Jesus Socorro, CPA, Managing Principal, Risk & Transaction Advisory
Jesus and his team serve clients in a variety of advisory capacities around the world, including: SOX 404 compliance; preparation for IPOs or other liquidity events; technical accounting consultations (including new revenue and lease standard implementation); IT Risk; and M&A transaction advisory and due diligence, including issuing reports regarding the quality of earnings.
|Emma Florea, CPA, Director, Risk & Transaction Advisory
Emma has significant experience dealing with complex, technical accounting matters, including revenue recognition, debt vs. equity evaluations, business combination accounting, consolidation issues (variable interest entities and other consolidation matters), foreign currency accounting and derivative financial instruments. She also has a deep and broad understanding of SEC reporting, and she serves as a subject matter resource on MBAF’s audit & accounting consultant network.
|Alexis Wong, CPA, CIA, Risk & Transaction Advisory
Alexis joined MBAF from one of the Big 4 firm’s Audit and Enterprise Risk Services department where she primarily served healthcare providers that included SEC registrants and non-profit entities. She has experience serving audit clients during their initial public offering, debt refinancing, and acquisitions process. Alexis has worked closely with management to develop accounting policies, technical accounting memoranda, and internal control documentation, related to revenue, segment reporting and leases.