Month Flat Week Day

Contractors Only Dinner

Thu. 21 Nov, 2019 6:00 pm - 9:00 pm

SFAGC COD Lrg

With Special Guest:

Emilio Alvarez

Emilio Alvarez, CPA

Principal, EF Alvarez & Company

EFA Logo

This Month's Topic:

Revenue Recognition in the Construction Industry

Our presenter will be Emilio Alvarez, CPA one of the nation’s most respected names in construction accounting.

Before 2019, contractors had industry-specific guidance for how to count and report their income under U.S. generally accepted accounting principles (GAAP). Taking their place is Accounting Standards Codification (ASC) 606, Revenue from Contracts with Customers. The important new term for this is “performance obligation,” which isn’t necessarily the same as a single contract. Under the new rules, the key takeaway is that construction businesses need to use ASC guidance to identify each performance obligation and the most appropriate way to account for its revenue as it’s delivered.

Our presentation will be held at Mariposa in Neiman Marcus at Merrick Park. Join us for cocktails at 6 pm followed by dinner and our presentation at 7pm. Make sure you, your CFO, and the rest of your financial team join us to learn firsthand how these new rules will impact your business.

 SFAGC Register Now

Mariposa Logo

Mariposa at Merrick Park

390 San Lorenzo Avenue | Coral Gables FL 33146

No YCF in November - Happy Thanksgiving!

Thu. 21 Nov, 2019 6:00 pm - 9:00 pm
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