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Webinar Recording

Assessing Your Readiness for the Transition to ASC 606

Date: Tuesday, November 1, 2016
Time: 2:00 pm - 3:00 pm EDT
Your successful implementation of ASC 606 – Revenue from Contracts with Customers – will depend not only on your technical accounting assessment, but also the definition of new requirements for your current or new system. Don’t fall into the naïve trap of thinking implementing ASC 606 is strictly an accounting project. In fact, it is a project with significant cross-functional impacts with your IT group as a key partner. ASC 606 does not require you to address systems issues, but left ignored, your ability to prepare financial statements in accordance with the new revenue standard will be put at risk.

After listening to this webinar, participants will be able to:
  • Identify certain key system requirements for each of the steps in the 5-step revenue recognition process
  • Connect the revenue recognition cycle to upstream processes
  • Accelerate systems implementation to meet adoption deadlines and support your chosen transition methodology
  • Build an effective stakeholder group that includes IT
After attending this event you will be able to:
Identify certain key system requirements for each of the steps in the 5-step revenue recognition process
Understand how to connect the revenue recognition cycle to upstream processes
Recognize how to accelerate systems implementation to meet adoption deadlines and support your chosen transition methodology
Discover how to build an effective stakeholder group that includes IT

Speakers

Jeff Tchir, CPA, Founder and Technical Advisor, RevRec.Net
Jeff Tchir, CPA
Founder and Technical Advisor, RevRec.Net
Jeff is the founder and technical advisor to RevRec.NET, a consulting group focused on providing advisory services around all aspects of revenue recognition, and ASC 606 implementation in particular. He also remains engaged at Silver Spring Networks, where he supports the sales and legal teams in strategic deal structuring, and advises the company on compliance matters and technical accounting policy with respect to revenue recognition. In addition, he has served on the advisory board of Revstream, a revenue lifecycle management and billings solutions company. Prior to these roles, Jeff’s past experience includes client serving positions at Ernst & Young and Deloitte, as well as holding various positions within the controllership functions of both NetApp and Silicon Graphics.
Moderated by: Lindsey Smith, Senior Project Manager, Argyle Executive Forum
Moderated by: Lindsey Smith
Senior Project Manager, Argyle Executive Forum
Lindsey is the Senior Project Manager and Manager of Event Production for Argyle Executive Forum’s growing virtual division. She has been with Argyle since 2011 as a part of the Meeting Management & Operations team.

Prior to Argyle, Lindsey worked for ARAMARK in various locations and capacities – most recently as the Assistant Concessions Manager at the Oakland Coliseum.

A Virginia native, Lindsey holds a Bachelor of Business Administration degree with a concentration in Hospitality & Tourism Management from James Madison University and a minor in Exceptional Education. She is based in Texas.

Sponsor

Event Sponsor Intacct
Intacct - Intacct is a leading provider of best-in-class cloud ERP software. Bringing cloud computing to finance and accounting, Intacct’s award-winning applications are the preferred financial applications for AICPA business solutions. In use by more than 10,500 organizations from startups to public companies, Intacct is designed to improve company performance and make finance more productive. Hundreds of leading CPA firms and Value Added Resellers also offer Intacct to their clients.

Certification is not required to get started, but please let us know which certifications you have.

By filling out this form you will become a member of Proformative, and are subject to Proformative's User Agreement. This webinar is provided to you for free by the sponsor, who may contact you later.

Continuing Education Information

Certified Public Accountant

  • Continuing Education Credit
    1 CPE Credit
  • Field of Study
    Accounting
  • CPE Delivery Method
    Group-Internet
  • Program Location
    Online
  • Program Level
    Basic
  • Prerequisites
    No advanced preparation or prerequisites are required for this course.
More information about CPE Credits

Continuing Professional Development

  • Continuing Education Credit
    1 Hour
  • Field of Study
    Accounting
  • CPE Delivery Method
    Group-Internet
  • Program Location
    Online
More information about Hours

Certified Management Accountant

  • Continuing Education Credit
    1 CE Credit
  • Field of Study
    Accounting
  • CE Delivery Method
    Group-Internet
  • Program Location
    Online
  • Program Level
    Basic
  • Prerequisites
    No advanced preparation or prerequisites are required for this course.
More information about CE Credits