Accounting

FEI to Host Financial Professionals and Prominent Experts in NY for Revenue Recognition Conference

– Full-Day Conference to Focus on Implementation of the FASB/IASB Joint Standard –Morristown, N.J. – Financial Executives International (FEI), the association of choice for CFOs and other senior-level financial executives, will host its annual Revenue Recognition Conference on June 26, 2015 at the New York Marriott Marquis. The Conference  will help attendees determine how the standard affects their companies’ financial picture, their investors and how they do business—in order to lay out a path toward adoption.“Revenue Recognition continues to be a challenging area as preparers of financial statements grapple with the company-wide changes necessary to implement. Through a multi-disciplinary approach, the event’s agenda will showcase experts from the SEC, FASB, public accounting, law, investor relations, analysts and financial executives to provide attendees with the ‘full picture’ perspectives needed as they prepare to adopt” said Dorys Saxlehner, FEI’s Senior Director of Conferences and Professional Development. Conference Chair Scott Taub, Managing Director, Financial Reporting Advisors, LLC, added “The new standard represents a significant change to the principles underlying the recognition of revenue.  Keeping current on the latest implementation questions and resolutions will be key to ensuring a smooth transition.”  Shelly C. Luisi, Senior Associate Chief Accountant at the SEC’s Office of the Chief Accountant will deliver the keynote address at the 2015 Revenue Recognition Conference. The event will kick off with an update on the standard from Conference Chair Scott A. Taub, Managing Director of Financial Reporting Advisors, LLC and a former Acting Chief Accountant at the SEC.  The conference will move beyond the basics to exploring pending controversial issues on performance obligations and licensing, as well as a roundtable discussions on company disclosures and other external and internal implementation considerations.Throughout the Conference, attendees will hear insights and updates from leading accounting firms, including KPMG LLP, Ernst & Young LLP, Deloitte & Touche LLP, Gibson, Dunn & Crutcher LLP and PwC LLP, as well as controllers and finance directors from a number of leading companies, including Wal-Mart Stores, Inc., Starbucks Corporation, Viacom Inc., Protiviti Inc., General Electric Company, Genesis, Inc., Johnson...

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