Description

This session will provide an overview of the FRF-SME framework and discuss using this framework as an alternative solution to adopting the Revenue Recognition and Lease Standards required by US GAAP.

Learning Objectives:

• Provide an overview and understanding of the framework and how it compares to US GAAP.
• Provide insight and lessons learned from experiences with companies who have adopted the FRF - SME as their accounting and reporting framework.
• Discuss issues adopting Topic 842.

Speaker(s):

• Julie B. Killian, CPA, CGMA, Shareholder, Clayton & McKervey