Revenue Recognition Webinar for Manufacturing Companies
Retooling for change in the manufacturing industry
Take a closer look at the proposed revenue recognition standard and learn how the accounting changes may affect manufacturing companies.
The U.S. Financial Accounting Standards Board (FASB) has continued to make significant progress on their proposed changes to the revenue recognition rules. The proposed changes, if finalized, would provide companies with a single comprehensive model to use in accounting for revenue arising from contracts with customers, and would supersede most current revenue recognition guidance, including industry-specific revenue guidance.
How might these new developments affect manufacturing companies?
On December 7, 2012, Deloitte hosted a live, one-hour webinar that addressed:
- The recent deliberations and tentative decisions reached by the FASB
- An update on the FASB's next steps and latest timeline to finalize the project
- Potential key considerations and challenges, including those around systems, data and processes, for manufacturing companies
- Possible next steps required to assess the wide-ranging impacts that the proposed standard may have on your organization