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Adoption of the new revenue standard has started and required adoption of leases is shortly to follow. The once-in-a-lifetime changes on revenue, leases and financial instruments are presenting challenges for all organizations. In this session we will review current implementation issues and challenges from Tom Groskopf, one of the foremost experts on these standards in the nation.
Tom Groskopf has trained over 200 CPA firms, throughout the country, on the new accounting standards for revenue recognition, leases, and financial instruments. He serves as Technical Director for the AICPA’s Center for Plain English Accounting, a national A&A technical resource center. Tom is the assurance service line leader for Barnes Dennig. In addition, Tom is a founding member of the Private Company Council and representative from the U.S.A. on the International Financial Reporting Standards’ Small- and Medium-sized Entity Implementation Group. Tom previously served on the advisory-only FASB private Company Financial Reporting Committee, and served a three-year term on the AICPA’s Technical Issues Committee.
This event is presented free of charge by Barnes Dennig.