The Knowledge Congress Has Scheduled a Live Webcast on Revenue Recognition for Biotech Firms Live Webcast on July 29, 2009
The Knowledge Congress, the leading producer of regulatory focused webcast, announced today that it has scheduled a live webcast on Revenue Recognition for Biotech Firms Live Webcast. This two-hour event is scheduled on Wednesday, July 29, 2009, at 3:00 PM to 5:00 PM (ET – New York)
New York, NY, June 19, 2009 --(PR.com)-- The Knowledge Congress, the leading producer of regulatory focused webcast, announced today that it has scheduled a live webcast on Revenue Recognition for Biotech Firms Live Webcast. This two-hour event is scheduled on Wednesday, July 29, 2009, at 3:00 PM to 5:00 PM (ET – New York).
Event Summary
Biotechnology companies face considerable challenges in applying accounting principles related to revenue recognition because they partner with larger companies through collaborative arrangements to pursue scientific innovation. Under these arrangements, the companies agree to share technology and research costs associated with bringing medical therapies to market and this gives them access to additional funding and commercialization networks. How the companies should recognize revenues under these arrangements is not entirely clear under current accounting guidance, and some companies have had to restate their financial results because of the lack of clarity. Moreover, some commentators have suggested that the current rules may not accurately reflect the underlying economics of the deals.
The Knowledge Congress is assembling a panel of accounting and biotechnology industry experts to help biotechnology company finance and legal advisers understand the revenue recognition principals as applied in this industry. Panel members will share their expertise in a Live two-hour Webcast.
Speakers/Faculty Panel
John Rhodes, Global Managing Partner, Life Sciences, Deloitte & Touche LLP
For updated list of the faculty panel, please visit: http://knowledgecongress.org/event_2009_Biotech.html
About The Knowledge Congress
The Knowledge Congress is an organization that produces webcast that examine regulatory changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour webcast that study the impact of changing regulations and help businesses succeed through proper regulatory compliance.”
Contact information:
The Knowledge Congress
http://www.knowledgecongress.org
info@knowledgecongress.org
###
Event Summary
Biotechnology companies face considerable challenges in applying accounting principles related to revenue recognition because they partner with larger companies through collaborative arrangements to pursue scientific innovation. Under these arrangements, the companies agree to share technology and research costs associated with bringing medical therapies to market and this gives them access to additional funding and commercialization networks. How the companies should recognize revenues under these arrangements is not entirely clear under current accounting guidance, and some companies have had to restate their financial results because of the lack of clarity. Moreover, some commentators have suggested that the current rules may not accurately reflect the underlying economics of the deals.
The Knowledge Congress is assembling a panel of accounting and biotechnology industry experts to help biotechnology company finance and legal advisers understand the revenue recognition principals as applied in this industry. Panel members will share their expertise in a Live two-hour Webcast.
Speakers/Faculty Panel
John Rhodes, Global Managing Partner, Life Sciences, Deloitte & Touche LLP
For updated list of the faculty panel, please visit: http://knowledgecongress.org/event_2009_Biotech.html
About The Knowledge Congress
The Knowledge Congress is an organization that produces webcast that examine regulatory changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour webcast that study the impact of changing regulations and help businesses succeed through proper regulatory compliance.”
Contact information:
The Knowledge Congress
http://www.knowledgecongress.org
info@knowledgecongress.org
###
Contact
The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series
Thomas LaPointe, Jr., Executive Director
1.800.578.4370
www.knowledgecongress.org
Therese Lumbao, Director
Account Management & Member Services
tlumbao@knowledgecongress.org
Thomas LaPointe, Jr., Executive Director
1.800.578.4370
www.knowledgecongress.org
Therese Lumbao, Director
Account Management & Member Services
tlumbao@knowledgecongress.org
Contact
Categories