Revenue recognition exposure draft update webcast – November 29, 2012

Webcast summary

The FASB and IASB (the "boards") issued a revised exposure draft for their joint revenue recognition proposal in November 2011. The boards have been re-deliberating the project since July 2012 and have made several tentative decisions on the comments received from constituents on this exposure draft. We invite you to join us as we discuss key topics re-deliberated and related business impacts on our next PwC webcast.

Webcast details

Watch this recorded webcast

The FASB and IASB (the "boards") issued a revised exposure draft for their joint revenue recognition proposal in November 2011. The boards have been re-deliberating the project since July 2012 and have made several tentative decisions on the comments received from constituents on this exposure draft. We invite you to join us as we discuss key topics re-deliberated and related business impacts on our next PwC webcast.

Overview

Revenue is a key metric subject to considerable focus by investors and other stakeholders. Proposed changes may impact key financial measures and ratios. Companies may need to change information technology systems to capture different information and develop new processes for estimates that are not required today. Adopting the new guidance may require adjusting prior period financial statements.

Understanding the effect of this change on your business will help you inform your key stakeholders, prepare internally, and limit surprises down the road.

Speakers on our webcast panel will:

• Summarize key aspects of the revised revenue recognition exposure draf;t
• Provide a detailed discussion of key topics re-deliberated to date;
• Highlight significant changes from current accounting; and
• Answer as many of your questions as possible during a Q&A session.

Participants will gain a heightened understanding of recent developments on the revenue recognition proposal, along with potential impacts to their business.

CPE credit: 

Participation in the live webcast qualifies for up to 1.5 CPE credits.

Please note that CPE credit can only be given to individuals who remain logged into the LIVE webcast and respond to the polling questions provided during the webcast. If you are viewing this webcast in a group, everyone in the group can receive CPE Credit. Also, those who dial in via telephone are NOT eligible for CPE credit. Please note that this is a NASBA (not PwC) requirement.

If you have any questions concerning continuing professional education (CPE), you can find answers here to frequently asked questions concerning CPE webcast participation.