Do you care about the top line of your company? The changes to the revenue recognition standard will have significant implications for most companies. Understanding the impact and preparing stakeholders on what to expect should be a key concern for directors. With the standard going live in 2018, companies also need to prepare comparative information for the preceding year 2017. There is no more time to be wasted, so companies better get started now.

Course Objectives

1. Develop a high-level understanding of the new revenue standard.
2. Be equipped to ask the right questions: through practical case studies, participants will gain insights into the pain points and critical decisions that the new standard brings with it.
3. Highlighting the implications on the business as well as the operations that will arise from the new standard by using the case studies for illustration.

Course Outline

1. Overview of the new revenue recognition requirements.
2. Case studies from a variety of industries highlighting the implications and difficulties faced in practice.
3. Summary of key considerations and critical questions directors should ask.
4. Next steps.

CPD Hours : 2



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