This lively course will allow the attendees to gain a greater understanding of how the changes presented in Accounting Standard Update (ASU) No. 2014-09, Revenue From Contracts With Customers (Topic 606), will impact preparers of financial statements. This hands-on session will provide meaningful explanations and examples to those responsible for the preparation of financial statements and solutions to issues related to revenue recognition under the new Standard. Several case studies will be used to apply the material covered in this session.