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The required effective dates on once-in-a-generation accounting standards changes on revenue recognition, leases, and financial instruments are quickly approaching. Learn about the issues as well as implementation challenges and experiences of early adopters from one of the foremost experts on these standards in the nation.
Tom Groskopf has trained over 100 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.