The IASB’s and the FASB’s new revenue recognition standards will take effect in less than 18 months, but 54% of compliance professionals are still undecided on which method they are going to use to apply the new revenue standards.
To discuss the various methods of initial application and different implementation issues of these new standards, Compliance Week has partnered with three great organizations: IASB, KPMG, and Leeyo! Register now for October 18th RevRec Forum, and earn up to 3 CPE credits.
See below for more information on what to expect from our sponsors.
RevRec Automation Under ASC 606
This session will explore the benefits and process of automating revenue recognition under the new guidance of ASC 606 using RevPro. We will explore automation options for fair value pricing calculation, SSP, revenue accounting and scheduling, deferred revenue management and well as revenue close and reconciliation. Amanda will demonstrate how RevPro’s rules-based engine automates even the most complex revenue processes to produce consistent and accurate revenue data quickly and easily.
12:00pm – 1:00pm ET
This webcast is free to attend.1 CPE Credit.
Speakers:
Amanda G. Carrillo, Pre-Sales Accounting Manager, Leeyo
Jeff Jackson, VP Sales, Leeyo
Moving from Assessment to Implementation
According to KPMG’s Accounting Change Survey, many companies are still in the assessment stage or haven’t yet begun working on the revenue standards. With less than 15 months to go to ensure full compliance for publically traded calendar year-end companies, the time is now to finish assessments and move into the implementation stage. This webcast that will focus on some best practices and key considerations related to planning and carrying out your implementation effort.
1:30pm – 2:30pm ET
This webcast is free to attend.
1 CPE Credit.
Speakers:
Benjamin B Reinhardt, Partner, Audit, KPMG LLP
Sara J. Dioguardi, Managing Director, Technology Enablement, Advisory, KPMG LLP
Stephen G Thompson, Partner, Accounting Advisory, KPMG LLP
How to Prepare for the New Reality on Revenue Recognition
With less than 18 months to go before new global revenue recognition standards become reality, organizations around the world are scrambling to ensure that they will be in compliance with complex new regulatory realities. Join Compliance Week Editor in Chief Bill Coffin and IASB Board member Gary Kabureck as they discuss how to design an action plan for preparing for new revenue recognition standards, what special challenges await those companies that have not yet begun to adapt to them, and what opportunities can be had along the way.
3:00pm – 4:00pm ET
This webcast is free to attend.
1 CPE Credit.
Speakers:
Bill Coffin, Editor-in-Chief, Compliance Week
Gary Kubareck, Member, International Accounting Standards Board
