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Webinar Recording

RevRec or RevWreck? Manage the Remaining Time and Tasks to Meet the New Revenue Recognition Deadlines

Date: Monday, February 13, 2017
Time: 2:00 pm - 3:00 pm EST
The new revenue recognition rules go into effect in January 2018 (2019 for private firms). And they will trigger major material changes in how you record transactions. How prepared are you? Do you have a plan mapped out?

By now, Finance leaders should know the new rules inside and out. But many underestimate the effort to adjust policies and design new processes to be compliant-ready. Changes may include an analysis of the effect on specific business units, verification with the audit committee and outside auditors, material changes to the financial systems, locating and reviewing older contracts, and policy changes. Just to name a few.

Attend this webinar featuring Brian Sommer, IT industry analyst and Founder of TechVentive, and Willie Hung, Product Strategy Manager, where they will discuss how you can gain a better grasp of the timing and steps required before the deadline hits.
After attending this event you will be able to:
Develop a strategic timeline for moving to the new revenue recognition rules
Gain a greater understanding of the totality of compliance preparation
Identify potentially adverse factors that could affect meeting the deadline
Evaluate the right tools and technology to support your transition to the new rules

Speakers

Brian Sommer, Founder, TechVentive
Brian Sommer
Founder, TechVentive
Brian Sommer is an IT industry analyst who covers the ERP, finance and HR sectors for Diginomica and other publications. Brian’s Financial Accounting expertise is extensive. He began his career began by re-writing an accounting software suite for a major oil & gas firm. Brian was on the editorial advisory board of the Journal of Accounting Information Systems. He led Accenture’s global Finance & Performance Management practice while also its Worldwide Director of Software Intelligence. Brian has led finance & HR shared services projects for major global firms and was a quality assurance partner on large global HR projects, too.

Brian has won the Software Advice’s 2011 Authority Award – ERP Expert (2011) and the 2014 and 2015 ERP Writer’s Awards. Brian is a frequent guest lecturer at major university MBA programs. He has a BBA (Marketing) and a MBA (Finance) from the University of Texas at Austin.
Willie Hung, Product Strategy Manager, FinancialForce
Willie Hung
Product Strategy Manager, FinancialForce
Willie brings over a decade of experience in the enterprise software industry, primarily in developing SaaS applications for companies running subscription and billing business models. He has held a variety of positions including hands-on product development, product design and strategic roadmap planning. As the Product Strategy Manager, Willie plays an instrumental role in developing the product life-cycle and road-map, helping clients in adopting billing, commerce and finance solutions for their subscription business. Willie holds a Master’s Degree in Computer Science from New York University.
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 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.

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