Hosted by the professionals of Grassi & Co. including the Construction Practice, led by Carl Oliveri; the Manufacturing and Distribution Practice, led by Robert Grote; and Stephen J. Mannhaupt, Partner, Assurance & Attest Services Leader, a discussion of how the implementation of
ASC 606: Revenues From Contracts With Customers will now affect private companies ensued. This new standard could have a seismic impact on how revenue is recognized!
Trials, Tribulations & TIPS:
Ronald DeVos, CFO of Nathan’s Famous Inc., was also on hand during this Rev Rec road show—which took place on three different dates on Long Island, Manhattan and New Jersey—and addressed the audience with his first-hand experience of what he learned and what he wishes he knew when he implemented the new standard for his public company last year.
Contact one of the professionals above to learn what this means for you and what you should be doing now!