Revenue Recognition Accounting Update

Organization: ACS

Venue: hyatt regency santa clara s

Location: Santa Clara, California, United States

Event Date/Time: Dec 03, 2014 / 8:45 am - (PST) End Date/Time: Dec 04, 2014 / 4:30 pm - (PST)
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HYATT SANTA CLARA REVENUE RECOGNITION ACCOUNTING CONFERENCE The objective of the new Revenue Recognition project is to clarify the principles for recognizing revenue and to develop a common revenue standard for U.S. GAAP and IFRS. This conference will review existing guidance and address the latest developments in key areas, significant changes, scope, disclosure and possible impacts. LEARNING OBJECTIVES: REGISTRATION INFORMATION:

Cost $795 if you register 45 days in advance (regular price is $995).  We have a block of rooms available at the Hyatt at $259 per night and will email you the link after you register. Hyatt Santa Clara is 5 miles from San Jose airport and 35 miles from San Francisco Intl Airport. Register any one of three ways: 1. Register online using a credit card and click the orange button 2. Register by phone at (610) 789-3110  3. Email your contact info to be invoiced to 


AGENDA: DAY 1 8:00 8:45 Continental Breakfast and Registration 8:45 10:15 Current Topics in Revenue Recognition Lessons learned from the most recent amendments and EITFs Guidance on adjustments as business models evolve (i.e. cloud computing) Resulting changes to sales/operations/IT/accounting policies 10:15 10:30 Break 10:30 12:00 Revenue Recognition: What's on the Horizon Exposure Draft from FASB/IASB Comment letter trends Industry accounting challenges 12:00 1:00 Lunch 1:00 2:30 Revenue Recognitions: Case Studies and Practical Examples Collectibility, Contingent Revenue, Sales to Distributors Performance Obligations Over Time, Elimination of VSOE for Software Residual Approach, Term Licenses, Time Value of Money... 2:30 2:45 Break 2:45 4:00 Industry Panel Discussion Making revenue recognition manageable for those on the front lines Engaging in a dialogue: narrowing the gap between sales and accounting When and how to communicate issues of emerging importance 4:00 4:15 Break 4:15 5:30 Revenue Recognition - Ooops Case Studies Various Industries Dealing with the SEC AGENDA: DAY 2 8:30 10:15 Legal Update Dodd Frank Act: Implications of reform Key SEC Reporting developments Executive compensation Disclosure requirements 10:15 10:30 Break 10:30 12:00 Revenue Recognition: The Big Picture Troubled History Guidance and Disclosures 12:00 1:00 Lunch 1:00 2:30 Revenue Recognition Miscellaneous Issues  Contract Costs Contract Modifications Warranties Other 2:30 2:45 Break 2:45 4:20 Other Financial Reporting Topics Leases Consolidations Financial Instruments... Other Conference series speakers include: Usha Francis, Deloitte & Touche Senior Manager John Benedetti, PricewaterhouseCoopers Director in Transaction Services Group Mark Secker, Ernst & Young Partner in Assurance Services Practice Hala Martin, Ernst & Young Senior Manager in Assurance Services Practice Kevin Grant, Ernst & Young Senior Manager in Assurance Services Practice Ron Kiima, Kiima Inc. Former SEC Assistant Chief Accountant now President of Kiima Inc. a private consulting firm specializing in SEC, corporate governance and risk management  Gaurav Khosla, EA Director Digital Revenue Eric Domagalski, Symantec Global Revenue Advisory Director Hank Galligan, BDO Practice Office Accounting Director Steve Koltun, McGladrey & Pullen Assurance Services Partner Mary Hansen, US Securities and Exchange Commission (SEC) Assistant Regional Director Scott Hickson, Ernst & Young Senior Manager in National Office with primary emphasis of revenue recognition Paige Kuroyama, McGladrey & Pullen Director in the Western Regional Professional Practice Office
  • Understand the latest changes in key areas
  • Recognize the timelines and key factors driving the developments
  • Begin to assess the effects of these standards on your company or clients


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