Practical Applications of ASC 606 for SaaS Companies

Jacob Sperry, a Director in Connor Group’s Technical Accounting and IPO Services practice, will present in-depth, real-life use cases from several ASC 606 implementation engagements with SaaS companies.

This webinar will provide insights and emerging interpretations related to various topics pertinent to the industry’s adoption of ASC 606, including identification of performance obligations, determining the expected transaction price, allocation of revenue to performance obligations, and the timing and pattern of recognition. Discussion points will include comparing and contrasting with the current practice under ASC 605, and a hands-on walk-through of specific examples from start to end of contract life.

After this webinar, you'll be able to:

• List seven common elements of SaaS contracts
• Identify significant changes to timing and amounts in four major areas
• Understand examples from each area