ASC 606 Revenue Recognition & Professional Service Firms

Presented on:
May 22, 2018 11:00 AM PT
1 hour

The new revenue recognition standards fundamentally change how professional services firms must handle accounting for revenue in their financial statements. Join us for our upcoming webcast—we’ll provide a detailed review of the standards and their impact on common revenue streams. We’ll also cover the five-step process and apply it to revenue streams found in the professional services industry.



Lisa Swartos, Senior Manager, Moss Adams

Lisa has practiced public accounting since 2005. She has significant experience directing and participating in all phases of audits, reviews, and other attestation engagements. She has audited a variety of different companies in multiple industries. Some of the industries she has worked on include manufacturing and distribution, apparel, retail, real estate, professional services, transportation and logistics and employee benefit plans. She has worked on companies with both domestic and international operations that involve multiple consolidated entities. Lisa’s responsibilities include assisting in the development of the overall audit approach, assessment of internal control risk and identification of key internal controls, supervising audit fieldwork, performing a review of the audit work-papers, and report preparation and review.

Kellie McKenna, Manager, Moss Adams

Kellie has been in public accounting since 2012, providing assurance services to companies in the financial and professional services industries, including asset managers, law firms, and insurance brokers. She leads financial statement audits and reviews, as well as regulatory compliance examinations. Kellie has experience with complex business combinations and valuations.

Alison Sellers, Senior Manager, Moss Adams

Alison has been providing audit and accounting services since 2001. She specializes in audits of real estate developers, property managers, and real estate investment firms as well as privately held construction clients. Her specific areas of technical focus include transactions involving leases, the sale and development of real estate, consolidations, and variable interest entities. Alison has been a recurring speaker at the AICPA National Real Estate conference since 2011, and is currently a member of the conference planning committee.

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Applicable Industries