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Revenue Recognition Changes to Surety Underwriting
Location: Webinar
Start date: 7/17/2018
End date: 7/17/2018
Services:
Industries: Banking, Financial Services
Chicago IL skyline
Event Details

12:00 - 1:00 p.m.


The implementation of FASB ASC 606 will affect contractor balance sheets and income statements in several ways. Many of these changes will affect traditional surety underwriting considerations, although the actual operations of a contractor will not necessarily change. 

During this webinar, we will discuss the underlying drivers and potential magnitude of the changes expected in financial statements. 

As a result of participating in this event, you should be able to: 
Identify the impact of FASB ASC 606 on WIP schedules, balance sheets, and income statements 
Explain how contractors are currently preparing for these change 
Assess the significance of the changes related to surety underwriting 

Who should participate: 
Surety bond agents and personnel from insurance company surety departments 
 

Webinar
July 17, 2018
1:00 - 2:00 p.m.

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Presenters

Tim Reimink 
Tom Grottke

 

Additonal information

For additional information please contact Jon Losey.

CPE Information

Recommended 1.0 hours 

Prerequisites:
None 
Advanced Preparation: None 
Program Level: Overview 
Field of Study: Specialized knowledge