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02-Jan-2019

2-Day Conference: Life Science Accounting Update 2019 (Boston, United States - April 23-24, 2019) - ResearchAndMarkets.com

The "Life Science Accounting Update 2019" conference has been added to ResearchAndMarkets.com's offering.

From technical accounting and revenue recognition new rules to cybersecurity and fraud, this conference will address the latest developments in key areas. You'll hear from experts at the Big Four and regional firms.

Learning Objectives

  • Understand the latest accounting changes in key areas
  • Recognize the timelines and key factors affecting the life science industry
  • Begin to assess the effects of these standards on your company or clients

Who Should Attend

  • CFOs (and their staff)
  • Controllers
  • VPs of Finance
  • Financial Managers
  • Internal Auditors
  • Tax Accountants
  • Treasury Staff
  • Accountants in Industry
  • Internal Control/SOX personnel
  • Consultants
  • Public Accountants
  • Educators

Agenda

DAY 1

8:00 - 8:45

  • Continental Breakfast and Registration

8:45 - 10:15

  • Accounting for Leases
    • Overview of New Rules
    • Identifying a Lease
    • Contract Components
    • Lease Classification
    • Recognition and Measurement
    • Ongoing Requirements
    • Practical Expedients
    • Examples

10:15 - 10:30

  • Break

10:30 - 12:00

  • Gross to Net (GTN)
    • Understanding the Complexities
    • Internal and External Challenges
    • Elements leading to GTN model creation
    • Industry examples

12:00 - 1:00

  • Lunch

1:00 - 2:30

  • Revenue Recognition: ASC 606 Implementation Issues and Examples
    • Working through the five-step model
    • Implementation issues and lessons learned in the life science industry
    • Identify the contract
    • Identify performance obligations
    • Determine the transaction price
    • Allocate the transaction price
    • When to recognize revenue

2:30 - 2:40

  • Break

2:40 - 3:40

  • New Collaborative Arrangements Guidance
    • Old rules, new proposal
    • Key changes in the works
    • Effective date for new guidance

3:40 - 4:10

  • Introductions

4:10 - 4:15

  • Break

4:15 - 5:30

  • Accounting for International Operations
    • Considerations when going abroad
    • Resources for U.S. businesses including transactional services
    • Letter of credit and trade credit insurance
    • Foreign law compliance
    • Tax structures

DAY 2

8:15 - 8:45

  • Continental Breakfast

8:45 - 10:00

  • SEC Update
    • Comment letter themes
    • MD&A Update
    • Changing regulatory environment
    • Non-GAAP measures
    • ICFR Material weaknesses
    • Cybersecurity disclosures

10:00 - 10:10

  • Break

10:10 - 11:20

  • Tax Update
    • R&D Tax Credits
    • Tax Accounting Methods
    • Orphan Drug Credit

11:20 - 12:30

  • Accounting for Clinical Trial/R&D Accruals
    • Debt & Equity capital
    • Development stage reporting
    • Determining accrual date

12:30 - 1:30

  • Lunch

1:30 - 2:40

  • Legal Update
    • Latest Hot Buttons
    • Creative Financing
    • Industry Trends

2:40 - 2:55

  • Break

2:55 - 4:20

  • Fraud in Life Science
    • Recent Trends
    • Cases and examples
    • Cybersecurity

For more information about this conference visit https://www.researchandmarkets.com/research/x9dp7l/life_science?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20190102005261/en/

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Last Updated: 02-Jan-2019