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Webinar Recording

The New World of Revenue Recognition: Industry Impacts and Transition Options

Date: Thursday, October 23, 2014
Time: 2:00 pm - 3:00 pm EDT
The new standard for revenue recognition is presumably a “principles-based” standard to be applied consistently across all industries. However, multiple views of the impacts the new standard will have across different industries have quickly developed, and are continually evolving. How do you stay informed regarding what is relevant to your company?

Join revenue recognition expert, Jeff Tchir, Director of Revenue Accounting, Silver Spring Networks as he explores this ironic, but realistic view by discussing the impact of the new standard on particular industries including:

  • Enterprise Software
  • Networking and Telecommunications
  • Contract Manufacturing
  • Cloud-based Services
  • Semiconductors
  • Construction

Jeff will also outline the three options for retrospective adoption, the nuances of each alternative, and share why the decision will depend on the market’s view of your company.

After attending this event you will be able to:
Discover why a “rules-based” version of the “principles-based” standard will be applied in practice
Understand how the new standard could impact specific industries
Identify how the external market may view certain adoption strategies for the new revenue recognition standard

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: John Kogan, CEO, Proformative
Moderated by: John Kogan
CEO, Proformative
John has been CFO at four technology companies, a finance executive at Cardinal Health, and in multiple roles at AlliedSignal and Cisco Systems. John has raised over $100M in equity capital and debt and has played central roles in numerous buy and sell-side transactions for both public and private companies. As COO at two companies, John also ran Engineering, Manufacturing and Customer Service operations. He has also founded, invested in and been a board member or advisor of a number of companies. John has a B.A. in Economics from Connecticut College and an MBA from the Fuqua School of Business at Duke 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.