Final Revenue Recognition Standard: Implementation Challenges and Best Practices
November 06 | 1:00 PM ET | 18:00 GMT
Aerospace & Defense
Host: Tom Captain, Principal - Deloitte Consulting LLP
1 Intermediate CPE Credit | Specialized Knowledge & Applications
The final revenue recognition standard was issued by the FASB and IASB in May 2014, and many aerospace and defense (A&D) industry finance executives are evaluating its implications, challenges, and required actions. How are you responding? We'll discuss:
- Changes in U.S. GAAP relevant to A&D companies and potential implications for A&D financial reporting.
- Accounting challenges under the new standard, along with system, process, and other related issues.
- Important implementation steps and considerations, including project management tools and approaches.
Explore requirements, challenges, and opportunities for effective implementation of the new revenue recognition standard.