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Panel Discussion: New Revenue Recognition Standards

March 19, 2015
Rouss & Robertson Halls, Room 120
5:30 PM - 7:00 PM
Faculty Lead: Jane Thayer

The Center for Innovation in Professional Services presents a panel discussion on new revenue recognition standards that will become effective for annual reporting periods beginning after Dec. 15, 2016. The objective of this new guidance is to improve the reporting of revenue, as it fosters greater consistency and comparability across entities, industries, jurisdictions, and capital markets. In addition to its effect on financial statement users, the new guidance will impact many areas of a firm’s operations, including customer contracting processes, executive compensation plans, and asset valuation processes. Not only is it important for company executives and audit professionals to prepare for these changes, it is also vital that other financial professionals, including analysts, M&A specialists, valuation professionals, and tax professionals, consider the implications of these new standards to their work.

Panel discussants
Sheri Wyatt, Managing Director, Capital Markets and Accounting Advisory Services at PricewaterhouseCoopers
Eliot Powell, Manager, Capital Markets and Accounting Advisory Services at PricewaterhouseCoopers
Hillary Griffin, Assurance Senior Manager at PricewaterhouseCoopers
Stephen Hunn, Assistant Controller at Tredegar Corporation