Description

RSM US LLP is hosting an in-depth, educational half-day seminar designed to answer questions and help eastern Iowa businesses better understand and implement new revenue recognition guidance. You can register on the events page at www.rsmus.com. In 2014, the Financial Accounting Standards Board (FASB) issued new guidance that provides a comprehensive revenue recognition model and replaces virtually all pre-existing revenue recognition guidance in U.S. generally accepted accounting principles. The new guidance was to be implemented no later than the quarter and year beginning Jan. 1, 2018 for public entities (i.e., public business entities and certain nonprofit entities and employee benefit plans) with a calendar year-end. For all other entities with a calendar year-end, implementation must occur no later than the year ending Dec. 31, 2019. Whether your company is just getting started understanding, analyzing and implementing the new guidance, or have already made significant progress, you’ll want to join RSM’s experienced revenue recognition professionals on January 18 for an in-depth look at the new guidance. be Three CPE credits will be offered.