Presentation Date: Sunday August 2, 2009
  Presentation Time: 1:00 pm-4:30 pm

CPE Session 46

Revenue Recognition: New Directions for Education & Practice

Presented By:

Frank Beil, University of Minnesota

Description: SESSION CANCELLED In depth exploration of the NEW proposed standard on revenue recognition from FASB & IASB. Emphasis will be on how the standard changes current practice and its implications for accounting education.

Presentation format is lecture/discussion/case studies. The material will be principally derived from the Preliminary Views document issued on 12/19/2008 and the author's own experiences.

Field of Study: Accounting
Program Level: Update

Intended Audience: Accounting educators in financial accounting, from introductory courses to interediate accounting to graduate courses in accounting and finance.

Format/Structure: Lecture/Discussion Problem Solving Case Studies

Learning Objective: Incorporate the revised revenue recognition guidance into instructional materials for ANY course in finacial accounting. Have a greater understanding of the complexity of revenue recognition practices.

Prerequisites: None

Advanced Preparation Required: None

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