FASB Webcast and Webinar Series

IN FOCUS: Understanding the Exposure Draft, Revenue from Contracts with Customers

Date: Thursday, December 8, 2011

Time: 10:00–11:00 a.m. Eastern Standard Time

The Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) are pleased to announce an upcoming webcast focused on the proposals in the recently-issued Exposure Draft, Revenue from Contracts with Customers.

This webcast will provide an overview of the main proposals that were developed jointly by the FASB and the IASB. The webcast also will describe how stakeholders can provide input on the proposals.

Speakers: Daryl E. Buck, Member, Financial Accounting Standards Board; Prabhakar Kalavacheria, Member, International Accounting Standards Board; Kenny Bement, Project Manager, Financial Accounting Standards Board; and Glenn Brady, Senior Technical Manager, International Accounting Standards Board. 

Learning Objectives:
At the end of this session, participants will understand the key proposed changes to accounting for revenue recognition from contracts with customers. Participants will also understand the main proposals including the five steps that are fundamental to the proposed standard. Viewers will have the opportunity to email questions to the speakers during the event.

Registration: To register for this event, please use this link.

Delivery Method: Group-internet based

Program Level: Overview

Program Prerequisites: None

Advanced Preparation Needed: Participants are encouraged to read the summary of the Exposure Draft.

Recommended CPE: 1 hour; final CPE earned will be determined based on the length of participation in the program, polling questions as described in CPE Eligibility, and completion of a course survey. Credit is provided only to participants in the live broadcast of this course. Please note that credit is not provided for group viewing. Each participant must be registered separately and meet both polling and duration requirements as per NASBA.

Refund/Cancellation Policy: There is no cost for this course and there is no cancellation penalty. Participants will be notified by e-mail as soon as possible if the course is cancelled for any reason.

Complaint Policy: To register complaints about course content or delivery method and to inquire about the timeliness and accuracy of CPE credit posting for this event, contact CPEDirector@fasb.org.

Official National Registry of CPE Sponsors' Statement

The Financial Accounting Foundation/FASB/GASB is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.

NASBA National Registry of CPE Sponsors—Sponsor License Number 107522

Texas Sponsor Number 000016