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ASC 606 Revenue, ASC 842 Leases

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ASC 606, Revenue from Contract with Customers
– Lessons Learned

  • Q118 Public Companies’ filings
    • Choice of adoption method
    • Disclosures
    • Key areas of complexity and challenges
  • Private companies
    • Not just an accounting change …
    • Overview of adoption process – assess, design and implement
    • Roadmap to adoption

Speaker:

Vincent Genet
Managing Director – Technical Accounting & Financial Reporting
SOAProjects

Vincent is a Managing Director at SOAProjects in the Technical Accounting and Financial Reporting Advisory Group. Vincent has over 20 years of experience both in assurance and accounting advisory for a wide range of entities based in the U.S. and Europe with a specialization in technology, and in industry.


ASC 842, Leases 

  • Lease Accounting Applicability and Accounting Considerations
    • Effective dates
    • Comparison to ASC 840
    • Accounting Considerations
  • Lease Accounting Implementations Issues
    • Utilizing Thresholds
    • Separating lease and Non-Lease components
    • Others
  • Transition and Disclosures
    • Alternatives
    • New Transition Methods for Lessees
    • Disclosures

Speaker:

Mehul Shah
Managing Director – Technical Accounting & Financial Reporting

SOAProjects

Mehul is a Managing Director at SOAProjects for the Technical Accounting and Financial Reporting Business Line. Mehul has 18+ years of experience in public accounting, advisory and consulting, including PricewaterhouseCoopers and Deloitte USA, LLP. Prior to joining SOAProjects in 2010, Mehul was an Senior Manager at Deloitte in the San Francisco/Bay Area Practice. Mehul has been advising clients at SOAProjects for over 7 years.


 

Meal Type

Breakfast

 

CPE Credits

One and a half (1.5) CPE credits available. Field of Study: Accounting

FEI is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Questions regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website, www.NASBARegistry.org.

 

Tickets

Registration is closed, please contact Micky at micky.robledo@feisv.org for questions.