We will be meeting at REDW on March 11th, 2015 @ 11:30 am to 12:30 pm. Please RSVP by Friday March 6th so that we can accurately set up the conference room and order food.
There will be 1 CPE credit for this seminar. Please RSVP here.
Topic: Accounting Standards Update (ASU) 2014-09 - Revenue from Contracts with Customers
Speaker: Dean Willingham, CPA, CCIFP, CGMA with REDW
On May 28, 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2014-09, Revenue from Contracts with Customers. The standard will eliminate the transaction- and industry-specific revenue recognition guidance under current U.S. GAAP and replace it with a principle based approach for determining revenue recognition. This standard has the potential to affect every entity’s day-to-day accounting and, possibly, the way business is executed through contracts with customers. Video Explanation.
Please come and learn about the Revenue Recognition changes you'll need to apply for your organization!
The event space as been generously hosted by REDW. Please thank the ABQ REDW group and James Ortiz for their help in setting up this event!