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Revenue recognition for architecture and engineering firms

Presented By:
Kevin Flattery Chris Kassab Andrea Slabinski
Date:
Sept. 18, 2017
View on-demand webinar
Are you wondering how the new revenue recognition standards will affect your architecture or engineering firm? Join us for a deeper dive into the two steps that will cause the most change for you.

photo of the a metropolitian area from the center of the road

With the new revenue recognition accounting standard that was issued, most companies that follow U.S. GAAP or IFRS will see a significant change in how they disclose revenue and costs related to contracts with customers. For architecture and engineering firms, steps two and five of the new process – identifying performance obligations and recognizing revenue – will cause the most change. Join Plante Moran experts for a deeper dive into those topics to ensure you’re prepared for the new standards.

At the conclusion of this session, participants will be able to:

  • Better understand how the changing revenue recognition standards will affect them specifically as architecture and engineering firms
  • Identify separate performance obligations more easily
  • Understand what pieces of the new process will need the most attention

Presenters

Chris Kassab, CPA, associate

Andrea Slabinski, CPA, associate

Moderator

Kevin Flattery, CPA, partner

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