August 4-7, 2019 – Assurance Director Andrew Reading will co-present on the topic of Revenue Recognition at the Tax, Finance & Accounting Conference for Cooperatives in Denver, Colorado. The Conference is presented by National Society of Accountants for Cooperatives (NSAC).
August 4-7, 2019 | Denver, CO
Hyatt Regency Denver
650 15th Street
Denver, CO 80202
Dopkins Featured speakers include:
Revenue Recognition: It’s Not Sexy, but You Need to Know
Speaker: Andrew Reading, CPA
Monday, August 5, 2019
10:45 AM – 12:00 PM
The purpose of this session is to provide participants an overview of the final revenue recognition standard (ASC 606) and potential areas to consider from a Cooperative perspective. This topic will cover key concepts related to the standard along with highlighting some common changes resulting from differences contained in ASC 606 as compared to the legacy guidance. Best practices will be discussed regarding how to conduct the implementation process including documenting key judgments under this principles based standard. Other significant areas to discuss include transition guidance, disclosures, and the importance of systems and internal controls to comply with the new standard on a prospective basis. A panel of experts will provide an overview of the tax implications resulting from changes to revenue recognition under ASC 606 along with insights regarding changes to tax procedures. Considerations specific to Cooperatives will be discussed throughout this presentation.
For more information or to register, visit www.nsacoop.org.