Webinar Recording
Rev Rec Best Practices: How to Transition to ASC 606 & IFRS 15
Kristin Bauer, Partner – National Office, Deloitte & Touche LLP
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Duration: 1 Hour
Educational Webinar
FREE
Non-CPE
Event
Staying on top of the changing requirements for reporting revenue can be a daunting challenge for even the most experienced and detail-oriented finance teams.

Join this webinar on July 14th featuring Kristen Bauer, Partner in Deloitte’s National Office Accounting Service, and FinancialForce as they discuss the key issues finance teams will face as they begin implementing the new revenue recognition rules (ASC 606 / IFRS 15) and how to position your organization for a smooth, successful transition.
Recorded Jul 14, 2017

Learning Objectives

After attending this event you will be able to:
Assess how the new standards will affect your organization
Prepare for the new revenue recognition standards during the transition period
Identify resources and best practices necessary to achieve and maintain compliance

Speakers

Kristin BauerPartner – National Office, Deloitte & Touche LLP
Kristin Bauer
Partner – National Office, Deloitte & Touche LLP
Kristin Bauer specializes in technical accounting at Deloitte’s National Office serving as a consultation resource to engagement teams serving a broad range of industries. She specializes in revenue recognition and leases and has extensive experience in current implementation efforts. In her current role, Ms. Bauer’s responsibilities include formulating firm policies and interpretative guidance on accounting standards for Deloitte professionals, clients, and other parties interest-ed in financial reporting and in communicating with accounting standard setters and regulators.

Prior to rejoining Deloitte in 2014, Kristin was a Practice Fellow at the Financial Accounting Standards Board (FASB) from 2010 to 2014. During her time at the FASB, she led the FASB’s revenue recognition project team that developed the final revenue standard (ASU 2014-09 and IFRS 15). She was also a key contributor to the project team responsible for improving the financial reporting of leases, ultimately resulting in ASC 842 and IFRS 16.

Before her fellowship, Kristin served in various roles in Deloitte’s National Office. As a consultation resource, she assisted engagement teams with addressing issues related to restatements, assessments of materiality, management integrity, possible fraud and illegal acts and client continuance. Kristin started her career in Deloitte’s Chicago office and served clients in that market for 10 years. Immediately prior to joining National Office, she was the lead senior manager on the IPO and subsequent-year audit of a newly created carve-out entity. She concentrated on large, public multinational clients and addressed technical accounting matters including adoption of new accounting pronouncements, carve-outs, acquisitions, and divestitures.

Certified Public Accountant – Illinois and Connecticut

Bachelor of Science in Accountancy, with Honors – University of Illinois — Urbana Champaign
Hal O
Hal O'Donnell
Vice President, Corporate Controller, FinancialForce
Hal O'Donnell is the VP of Finance, Corporate Controller at FinancialForce, responsible for the company's accounting, tax, treasury, risk management and payroll functions. He is also leading the charge to meet new revenue recognition rules, ASC 606, to ensure FinancialForce has a smooth and successful transition.

Before joining FinancialForce, Hal served as Corporate Controller for TOA Technologies, responsible for the company's finance strategy and evaluated and revised their revenue recognition policy to adapt to the growth of the business and to conform with industry best practices. He graduated from Bowling Green State University with a degree in finance and received a master's degree in Accounting from The University of Texas at Austin.
Chris SchmidtSenior Editor, CFO Publishing
Chris Schmidt
Senior Editor, CFO Publishing
Chris Schmidt is the senior editor with CFO Publishing, overseeing the development of custom-content Webcasts and other tailored outreach to senior finance executives. Chris also works with CFO Publishing's research team to conduct studies on a variety of topics.

Before joining CFO Publishing, Chris served as director of corporate communications for Oliver Wyman, a global strategy consultancy. He is a graduate of Colby College. Chris is based in Boston.

Sponsors

Event Sponsor FinancialForce
FinancialForce - Founded in 2009, FinancialForce is the leading Cloud ERP vendor with apps built entirely on the Salesforce App Cloud. The company’s Financial Management, Professional Services Automation (PSA), and Human Capital Management (HCM) offerings provide services-centric businesses with a platform that organizes sales, services, finance and HR entirely around their customers. Headquartered in San Francisco, FinancialForce is backed by Salesforce Ventures, Technology Crossover Ventures, Advent International and UNIT4.