Ensure you are up to speed on the New Revenue Recognition Standard to eliminate significant compliance risks and maximize best practices and processes.

Finally issued in May 2014 after many years in the making, the New Revenue Recognition Standard represents converged guidance by the FASB and IASB companies must follow in order to recognize revenue, and eliminates industry-specific guidance in favor of basic principles common to virtually all industries. These reference materials will include an overview of the core principles of the new guidance and the new five-step process which must be followed for all industries, as well as the specific impacts to the following industries – technology/software, media/entertainment, and life sciences, along with specific examples and illustrations. These reference materials will also include what you need to do now to ensure that you and your company are prepared to implement this new guidance.