Implementing revenue recognition standard in manufacturing industry
RECORDED WEBCAST |
The effective date for the new revenue recognition guidance issued by the Financial Accounting Standards Board (FASB) is quickly approaching for middle market companies. Are you prepared?
Join RSM as we focus on key steps and best practices for implementing the new revenue recognition standard (ASC 606), including special considerations for the manufacturing industry.
Under the new guidance, all companies will need to evaluate whether any changes are needed to their current accounting policies and financial reporting processes and systems. This evaluation will likely extend beyond just those involved in the accounting function.
Whether you are just getting started understanding, analyzing and implementing the new guidance, or have already made significant progress, you’ll want to join our experienced professionals for an in-depth discussion.
In this session we:
- Review key deadlines and actions for implementation
- Discuss potential challenges and opportunities associated with adopting the new guidance
- Outline tax implications
This webcast is a follow up to our fall webcast, Revenue recognition: Key insights for the manufacturing industry.