CPA - small firm
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This course is tailored to finance professionals in B2B software and services firms and will address common challenges with the ASC 606 "Revenue from Contracts with Customers" implementation and application.
Through this session, participants will gain insights into navigating the extensive 700-page ASC 606 standards. The presenter will delve into the concept of "performance obligation" and its impact on B2B software and service providers, providing clarity and practical skills for confident implementation in daily tasks. Attendees will leave this session with the ability to enhance revenue recognition accuracy and ensure compliance with ASC 606.
Learning Objectives:
- Identify discrepancies within the current ASC 606 standards
- Determine a simplified framework for efficient implementation of ASC 606
- Recognize practical applications of the simplified model in revenue recognition scenarios
- Outline the importance of complying with ASC 606 requirements
Paul Casey
Pamaca Financial
Financial Consultant
paul.casey@pamacafinancial.com
Paul Casey is a Financial Consultant with over 30 years of Finance and Accounting experience. More than 10 years of his career has focused on revenue recognition for B2B software and services firms.
About Our Presenter
Pamaca Financial also has been assisting small business owners with their accounting needs since 2010. We are experienced in bookkeeping, financial statement preparation, payroll management, sales tax and income tax filings. Diana Dranko is the Head Bookkeeper
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