The webcast series will include a detailed discussion and a variety of examples for each step of the new revenue recognition model by our panel of subject-matter professionals.
The first webcast in this series will cover the requirements of Step 1 and Step 2 of the new revenue recognition model, as well as the application guidance on warranties. Our panel will also discuss the transition requirements of the new standard.
Other topics include:
- Key implications and requirements of Identifying the Contract(s) with a Customer (Step 1) and Identifying the Performance Obligations in the Contract (Step 2) of the new revenue recognition model, including illustrative examples highlighting areas where questions have been raised
- Key requirements included within the application guidance on warranties
- Transition methods, including additional considerations that entities may want to evaluate when selecting their transition method
Panelists:
Angela Covic is a member of the Global IFRS Services team in Ernst & Young LLP London. She also sits on the EY Global subject matter groups for Revenue Recognition and Fair value Measurement.
Steinar Kvifte is a Partner of the EY member firm in Sweden, and a member of the EY Global IFRS Services group. He chairs the EY Global Presentation and Disclosure subject matter group, also sitting on the subject matter groups for Revenue Recognition and the Conceptual Framework. He is also the Nordic IFRS Desk Leader.
Pieter Dekker is a member of the UK Financial Reporting Group at Ernst & Young LLP as well as a member of the EY Global IFRS Service group. Pieter is also member of the EY Global subject matter groups for Revenue Recognition and Income Taxes.
Moderator:
Steve A. Martin is a senior member of the Global IFRS Services team at Ernst & Young LLP in London. He is also a member of the EY Global Revenue Recognition subject matter group and its IFRS sector group for Technology.
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