Herbein Events

Revenue Recognition Update - Pittsburgh


NOVEMBER 1, 2018
The importance of revenue recognition cannot be overstated: the ability to accurately recognize revenue is vital to a company's financial performance and new reporting standards begin this year.
Nonpublic entities reporting under US GAAP are required to apply the revenue standard for annual periods beginning after December 15, 2018. The new revenue recognition standard, Revenue from Contracts with Customers (ASC 606), outlines a single, comprehensive model for accounting for revenue from customer contracts. Topics to be covered during this seminar include:
•  Overview of ASC 606 and how the adoption of ASC 606 can affect 
   your organization.
•  Discussion of the five-step revenue recognition model
•  Implementation options and disclosure requirements
•  Consideration of tax and compensation implications of adopting ASC 
•  Potential impact ASC 606 will have on your loan agreements and 
   financial covenants
•  Identify action steps your organizations should be taking today to 
   comply with the new revenue recognition rules.
Join Herbein + Company, Inc. for an overview of the new Revenue Recognition standards at Fox Chapel Golf Club on Thursday, November 1, 2018. Find out how the new standards will affect your bottom line and what you can do now to get the most out these new rules. 
Herbein Presenters
Bob Firely, CPA, CGMA - Partner
Michael Malinsky, CPA, CGMA – Senior Manager
Travis Coble, CPA – Senior Manager
Chris Kunkle, CPA, CITP - Manager


NOVEMBER 1, 2018

Registration: 3:30am- 4:00pm
Revenue Recognition: 4:00pm - 6:00pm 
Cocktail Reception: 6:00pm – 7:00pm 
Fox Chapel Golf Club
426 Fox Chapel Road
Pittsburgh, PA 15238


  • Free Parking
  • 2 CPE Credits
  • RSVP at www.herbein.com/events or eabershok@herbein.com 
  • Who Should Attend: business owners, CFOs, controllers, financial officers, bankers, attorneys who review or draft customer contracts for clients.