more-arw search

Webinar Recording

Assessing Your Readiness for the Transition to ASC 606

Date: Friday, April 28, 2017
Time: 12:00 pm - 1:00 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: Jess Bozzo, Content Manager, Argyle Executive Forum
Moderated by: Jess Bozzo
Content Manager, Argyle Executive Forum
Jess is the Content Manager for Argyle Executive Forum’s growing CFO virtual division. In her current role, Jess is responsible for the creation and implementation of virtual event themes, overviews, and working with speakers and partners to create engaging and timely content. Prior to joining Argyle, Jess got her start in audience development and marketing with NewBay Media. A graduate of Gettysburg College, and a New Jersey native, Jess currently resides in Hoboken.

Sponsor

Event Sponsor NetSuite
NetSuite - Today, more than 30,000 companies and subsidiaries depend on NetSuite to run complex, mission-critical business processes globally in the cloud. Since its inception in 1998, NetSuite has established itself as the leading provider of enterprise-ready cloud business management suites of enterprise resource planning (ERP), customer relationship management (CRM), and ecommerce applications for businesses of all sizes. Many FORTUNE 100 companies rely on NetSuite to accelerate innovation and business transformation. NetSuite continues its success in delivering the best cloud business management suites to businesses around the world, enabling them to lower IT costs significantly while increasing productivity, as the global adoption of the cloud accelerates.

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