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Revenue Recognition: What’s in Your P&L?

Recording Date: December 06, 2007
Price: Free

Attending this Webcast is free. Registration is required.
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Overview

Make sure you’re in compliance with SAB 104, EITF 00-21 which deals with the latest, critical revenue recognition issues.

This timely, free Webcast shows you how to build a solid framework by using the latest revenue recognition criteria in your financial reporting—reporting that must mirror current FASB standards. Renowned GAAP expert Tim Gearty of Becker Gearty CPE leads this Webcast.

What You Will Learn

Join us for this fast-paced Web event and you’ll discover
how to...
  • Identify the criteria that must be met in order to recognize revenue
  • Determine when a contract contains Multiple Element Arrangements and the criteria for separation
  • Certify the accuracy of your financial statements
  • Avoid noncompliance—and noncompliance penalties!—associated with inaccurate revenue reporting
  • Confirm that the documentation you’re supplying is SAB 104, EITF 00-21 compliant
  • Assess your current billing process to see where gaps may exist
  • Verify that your revenue recognition standards are up-to-the-minute—see how GAAP updates have made some previously acceptable procedures now obsolete

About the Presenters

Tim Gearty is a partner in Gearty & McIntyre, LLP, CPA, which he founded in 1981. He is a nationally recognized expert on a variety of accounting, auditing, ethics and tax topics. In addition, he is the national director and editor-in-chief for the Becker Professional Review.

 

Technical Requirements

To fully participate in this electronic, interactive and live session, please check your system (or ask your IT department) to ensure it meets the following requirements:

Supported OS, Browser and Additional Requirements

Microsoft® Windows® 98 SE, 2000, XP, Windows VistaTM Home Basic, Home Premium, Ultimate, Business, or Enterprise (32-bit or 64-bit editions)

  • Internet Explorer 5.0 or higher
  • Netscape Navigator 7.1
  • AOL 9
  • Mozilla Firefox 1.5 or higher

Macintosh (OS X 10.2, 10.3, 10.4)

  • Safari 1.1 or higher
  • Mozilla Firefox 1.5 or higher

Linux

  • Mozilla Firefox 1.5 or higher

Solaris

  • Mozilla 1.7 or higher

Additional Requirements:

  • Macromedia Flash Player 8 or higher
  • Macromedia Flash Player 9 or higher for Linux and Solaris
  • Minimum bandwidth requirement is 56 kb/sec

Important tip - Please allow 15 minutes prior to joining a session to conduct your set-up and testing! Dial-up connectors - please allow more time.