Resources

WOLF & CO Events & Webinars Revenue Recognition – Contract Review & Identification of Performance Obligation

Revenue Recognition – Contract Review & Identification of Performance Obligation



Date Presented

May 3, 2018

Presenters

Scott M. Goodwin
Cecilia M. Frerotte

Summary

The new Revenue Recognition rules are quickly becoming the “law of the land” with public companies having adopted this in January 2018 and private companies following in 2019. As you think about applying the new standards and dig into the details, you probably have a lot of questions on how to move forward – we did too!

In this first session, we cover:

  • Methodologies for approaching the contract review
  • Tips for evaluating promises within contracts
  • How to be on the lookout for “material rights”