Revenue Recognition CPE Update: Evolving Issues 2025

Memo

Get your annual revenue recognition update here! ASC 606 made a significant impact on the way most companies recognize revenues. Best practices continue to evolve and there are a number of areas where companies are still searching for answers. Bring your questions and scenarios.This conference assumes you are already familiar with the five-step model. It will address the latest developments in key areas, significant changes, scope, disclosure and impacts. There will be plenty of examples and detailed case studies.LEARNING OBJECTIVES:Review the latest changes in key areas of complexity and judgementInteraction with other guidanceSee where your counterparts are getting stuckREGISTRATION INFORMATION:Cost: $545 (save $150 off the regular price of $695 if you register by November 7th).This event will run 8:45-4:40p (Pacific Time) each day.REGISTER NOW »Register any one of three ways:1. Register online using a credit card and click the orange button2. Register by phone at (610) 789-3110 3. Email your contact info to be invoiced to This email address is being protected from spambots. You need JavaScript enabled to view it.: DAY 18:45    11:00    Revenue Recognition: Past Issues and Emerging TrendsWhere people are getting stuck within the five-step modelPrice concessionsModifying contractsCustomer options and material rightsPerformance obligations - software industry considerationsSignificant financing componentPrincipal-versus-agent considerationsContract costsOnerous performance obligations/contracts11:00    11:15    Break11:15    12:45    Cases and ExamplesAreas of significant complexity and judgementTop causes of restatementsOperational and business model changesInteraction with other guidance12:45    1:20    Lunch Break1:20    2:40    Incremental Costs: Deeper DiveAdoption of ASC 340-40, Other Assets and Deferred Costs - Contracts With CustomersProvide foundational understanding of identifying costs to be capitalized under ASC 340-40Provide foundational understanding of how to amortize incremental contract costsProvide an overview of disclosure requirements2:40    2:50    Break2:50    4:20    Impact on Internal ControlsChanges in Information and Related Data - Quality NeedsASC 606 Internal Control ConsiderationsOn-going ASC 606 ControlsManagement Review ControlsInformation Used in Controls (IUC)IT-General Control ConsiderationsCOVID-19 Impact on Internal ControlsSOX Optimization and ModernizationEditAgenda: DAY 28:45    10:10    Revenue Recognition: Technical UpdateIndustry specific issuesEvolving issuesPractical examples10:10    10:20    Break10:20    12:15    ASC 606: Interactive discussion on a series of scenarios Part 1Selected practice areas: Revenue Customer, Contract Duration, Enforceable Rights, Performance Obligations, Replacement Right, License Modifications, Measure of Progress, Contract CostGroup will use polling to work through each questionModerators from Connor Group will explain their recommended answers and explanations12:15    12:50    Lunch Break12:50    2:00    ASC 606: Interactive discussion on a series of scenarios Part 2Selected practice areas: Revenue Customer, Contract Duration, Enforceable Rights, Performance Obligations, Replacement Right, License Modifications, Measure of Progress, Contract CostGroup will use polling to work through each questionModerators from Connor Group will explain their recommended answers and explanations2:00    2:10    Break2:10    3:10    Revenue Recognition: AI and AutomationUse CasesHow to take the first stepsDifferent automation options3:10    3:20    Break3:20    4:35    DisclosuresRecent TrendsDisaggregated revenueReconciliation of contract balancesQualification of performance obligationsDisclosure of significant assumptionsQuantification of costs to complete a contractDate and Time: On Wednesday December 10, 2025 at 8:45 am to Thursday December 11, 2025 at 4:45 pmVenue details: Online Event