EY Accounting Technical webcast
The new revenue recognition standard: a closer look
A webcast series for US GAAP reporters and practitioners: Session 1 of 3
Join us on 11 November for the first in a series of EY webcasts on revenue recognition. This three-part 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.
In this webcast, we will discuss:
- 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 model, including illustrative examples highlighting areas where questions have been raised
- Key requirements included within the implementation guidance on warranties
- Transition methods, including additional considerations that public companies may want to evaluate when selecting their transition method
Other upcoming Revenue Recognition Standard webcasts
- 3 December: Revenue Recognition, Session 2: Click here to register
- 16 December: Revenue Recognition, Session 3: Click here to register
Shannon O’Mahoney is a partner in Ernst & Young LLP’s Financial Accounting Advisory Services (FAAS) practice. She has extensive experience in accounting consultations, auditing, internal control compliance and financial reporting for a variety of different industries. She is a member of the EY Global subject matter group for revenue recognition and is regularly involved in global and Canadian revenue consultations, complex transaction accounting and the implementation of new accounting standards.
Alison T. Spivey
Alison Spivey is a partner in Ernst & Young LLP's Professional Practice Group. She is responsible for consulting with engagement teams on technical accounting and reporting matters, monitoring activities of standard-setting bodies, drafting firm materials related to new and existing accounting pronouncements and leading professional education courses, primarily in revenue recognition and compensation arrangements.
Prior to joining EY, Alison spent over four years in the Office of the Chief Accountant of the U.S. Securities and Exchange Commission. As an Associate Chief Accountant, her responsibilities included working with public registrants on accounting and reporting matters, acting as a liaison with professional accounting standard-setting bodies, and participating in the development of the Commission staff's guidance and rule proposals under Federal Securities laws. Alison consulted with registrants on technical accounting matters and was a co-author of Staff Accounting Bulletin No. 107, Share-Based Payment.
Nancy Salisbury is a partner in Ernst & Young LLP's Northeast region Professional Practice Group. In her role, Nancy leads the EY Northeast revenue recognition team. Prior to 2007, Nancy was a Senior Associate Chief Accountant in the Office of the Chief Accountant of the U.S. Securities and Exchange Commission, focusing primarily on audit and PCAOB-related matters. Prior to joining the SEC, Nancy spent nine years with Ernst & Young. During her career, Nancy has served clients in a variety of industries, focusing primarily on high tech and manufacturing companies.
Danita Ostling is a partner in Ernst & Young LLP's Professional Practice Group, and since July 2007 has served as the EY Americas IFRS Technical Leader. As such, she is responsible for coordinating the global EY organization’s IFRS accounting guidance and consultations in the Americas. She also is a member of the organization’s Global IFRS Policy Committee.
Ms. Ostling earned her B.S. degree in accounting from the University of Arkansas at Little Rock and is a licensed CPA in the states of New York and Texas.