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Webinar Recording

The New World of Revenue Recognition: A Deep Dive into the 5 Steps to Recognition

Date: Wednesday, November 19, 2014
Time: 2:00 pm - 3:00 pm EST There are no CPE Credits for this Solution Demonstration.
This issuance of the new standard for revenue recognition finally happened in May 2014, and will replace the current guidance in US GAAP and IFRS for revenue recognition. The new revenue rules represent a paradigm shift from a rules-based to a principles-based guidance, impacting several facets of a business. Companies will need to adjust policies and design new processes to ensure compliance.

Join us as revenue recognition expert, Jeff Tchir, Director of Revenue Accounting, Silver Spring Networks:

  • Walks through five steps to revenue recognition in a methodological manner, with specific examples to drive home the technical application of the new guidance.
  • Dives deep into the key differences--including what potentially won’t be different vs. slightly different vs. significantly different.
  • Delivers insights that go well beyond recapping the highlights of the new guidance to offer actionable advice in designing and executing on policy changes
After attending this event you will be able to:
Identify the relevant changes in the new revenue recognition guidance for your company
Assess the technical aspects of the 5 Steps of revenue recognition in the new standard
Discover the implications of “rules-based” and “principles-based” revenue recognition standards

Speakers

Jeff Tchir, CPA, Director of Revenue Accounting, Silver Spring Networks
Jeff Tchir, CPA
Director of Revenue Accounting, Silver Spring Networks
At Silver Spring Networks, Jeff supports the sales and legal teams in strategic deal structuring and is responsible for the determination of and compliance with technical accounting policy with respect to revenue recognition. He is also the founder and technical advisor to a consulting group (RevRec.Net) focused on providing advisory services around all aspects of 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: Ernie Humphrey, Educational Programs Leader, Proformative
Moderated by: Ernie Humphrey
Educational Programs Leader, Proformative
Ernie currently serves as the CEO of 360 Thought Leadership Consulting and as the Educational Programs Leader for Proformative. 360 Thought Leadership Consulting helps companies define and unlock the strategic value of their thought leadership programs by delivering comprehensive marketing services and business development strategy consulting. Previously Ernie served as the Vice President, Educational & Marketing Programs for Proformative. Ernie has overseen the content and execution of over 200 events designed to further the careers of finance and accounting leaders and related professionals. Formerly, Ernie served as the Director of Treasury Services and as a Director of the Corporate Treasurers Council for the Association for Financial Professionals. Ernie has extensive experience in the areas of educational program development and execution, online marketing, website content management, international cash management, and acquisition integration. Ernie has a BS and MS in Economics both from Purdue University.

Sponsor

Event Sponsor Intacct
Intacct - Intacct is the cloud financial management company. Bringing cloud computing to finance and accounting, Intacct's award-winning applications are the preferred financial applications for AICPA business solutions. Intacct applications, in use by more than 8,500+ organizations from startups to public companies, are designed to improve company performance and make finance more productive. Hundreds of leading CPA firms and Value Added Resellers offer Intacct to their clients. The Intacct system includes accounting, contract management, revenue management, project and fund accounting, inventory management, purchasing, vendor management, financial consolidation and financial reporting applications, all delivered over the Internet via cloud computing.
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.

There are no CPE Credits for this Solution Demonstration.