Revenue recognition: Year-end considerations for technology companies
Technology, Media, & Telecommunications
July 26 | 1 p.m. ET | 17:00 GMT
Host: Joe Talley, partner, Deloitte & Touche LLP
1 Overview CPE credit | Specialized Knowledge & Applications
The FASB's new revenue recognition standard likely means myriad changes to companies' financial reporting processes and systems, from accounting and internal controls to information technology, compensation, and more. What should technology companies be prepared for in the second half of 2017? We'll discuss:
- Key accounting issues and potential challenges for technology businesses.
- Potential SEC-related implications of the revenue pronouncement, from IPO considerations to enhanced disclosures.
- Implementation considerations and possible operational challenges within accounting, tax, and IT departments.
- Best practices for companies to coordinate with their auditors.
Gain new insights on these and other issues as technology companies continue preparations to operationalize the new revenue recognition standard.