Software Revenue Recognition Accounting Update

Venue: Dolce Hayes Mansion

Location: San Jose, California, United States

Event Date/Time: May 18, 2016 / 8:45 am - (PST) End Date/Time: May 19, 2016 / 4:15 pm - (PST)
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Description

Software REVENUE RECOGNITION ACCOUNTING UPDATE

San Jose, CA

The new Revenue Recognition Standard has finally been issued. The new guidance standardizes how companies should recognize revenue under U.S. GAAP and IFRS. This conference will go through the new guidance and address the latest developments in key areas, significant changes, scope, disclosure and impacts.

LEARNING OBJECTIVES:

·         Review the latest changes in key areas

·         Understand the big picture concepts from an SEC perspective

·         Begin to assess the effects of the new standard on your company or clients

REGISTRATION INFORMATION:

Cost $795 (save $200 off the $995 fee if you register 45 days in advance)

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

Revenue Recognition: New Standard
Lessons learned from the most recent amendments and EITFs
Effective date and transition issues
Scope of new standard and overviews

10:15

10:30

Break

10:30

12:00

Revenue Recognition: New Standard (continued)
Step 1: identifying the contract
Step 2: identifying performance obligations
Step 3: determine the transaction price
Step 4: allocate the transaction price
Step 5: recognizing revenue
other provisions and implementation guidance

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

Roundtable 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

The SEC & Revenue Recognition: But I Thought...
Common dilemmas and misconceptions
Inappropriate/illegal practices
Illustrative interactive scenarios

 

Agenda: DAY 2

8:30

10:15

Revenue Recognition: SEC Enforcement & Fraud Issues
Dodd Frank Act: Implications of reform
Recent SEC Enforcement Cases
Fraud issues

10:15

10:30

Break

10:30

12:00

The SEC & Revenue Recognition: MD&A's Critical Role
Common disclosure shortcomings
Illustrative interactive scenarios
Tips & best practices

12:00

1:00

Lunch

1:00

2:30

Revenue Recognition: Added Case Studies and Practical Issues
Contract Costs
Contract Modifications
Warranties
Other

2:30

2:45

Break

2:45

4:20

Transition Issues
What steps to take now
Guidance on adjustments as business models evolve (i.e. cloud computing)
Resulting changes to sales/operations/IT/accounting policies

Conference series speakers include:

Alice Zhang, Deloitte & Touche
Partner

Aleks Zabreyko, Connor Group
Partner and Head of Professional Practice

Emily Liu, PwC
Director, National Office

Stig Haavardtun, PwC
Assurance Partner

Narayanan Balakrishnan, Ernst & Young
Partner

Dave Christensen, RGP
Managing Consultant

Rita Dhir, PwC
National Office Director

Amanda Hurley, Grant Thornton
Audit Senior Manager

Nadia Brannon, Ernst & Young
Executive Director, Fraud Investigations and Dispute Services

Gabe Zubizarreta, Silicon Valley Accountants
CEO

Randa Ghantous, Connor Group
Director, Technical Accounting & IPO Services

Sean St. Germain, Deloitte & Touche
Senior Manager

Dukkyung Min, Deloitte & Touche
Senior Manager

Hank Galligan, BDO
Assurance Director

Douglas Gustin, BDO
Assurance Partner

Ronal Kiima, Kiima Inc.
President, Former SEC Assistant Chief Accountant

Jordan Reed, Protiviti
Managing Director

Eliza Preoteasa, Deloitte & Touche
Senior Manager

Denis Kozhevnikov, Connor Group
Partner, Global Accounting Practice

Rich Stuart, RSM US LLP
Partner

Tim Lashua, KPMG
Managing Director

Deglan Reager, KPMG
Director

Christine Beliveau, FTI Consulting
Senior Managing Director

 

Venue

200 Edenvale Ave.
San Jose
California
United States
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