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Webinar Recording

Taming Revenue Recognition: Best Practices to Ensure Compliance

Date: Tuesday, November 5, 2013
Time: 2:00 pm - 3:00 pm EST There are no CPE Credits for this Solution Demonstration.
The dynamic regulatory landscape of revenue recognition is challenging for most companies. FASB/IASB regulations continue to evolve with the recently revised exposure draft that will be applicable to most businesses. CFO's need to stay ahead of these evolving statutory requirements to ensure that their financials and their ERP systems can and will adhere to the changing standards. Join us to discover how your company can create best practices based revenue recognition processes, and get the facts about the latest revenue recognition regulations and their impact from revenue recognition experts and your peers. Hear practical lessons from both a publicly traded company and a private firm that have focused on creating end to end revenue recognition process, and find out how they have successfully implemented the latest revenue recognition rules and standards.
After attending this webinar you will be able to:
Define how the new revenue recognition regulations will impact your business processes and accounting and financial systems, and what you can do to prepare for adoption of these regulations.
Determine how to overcome some of the internal challenges that compound the complexity of revenue recognition, including distributed processes, systems and personnel.
Develop practical approaches to more accurately calculate revenue allocations, reduce manual reconciliations, establish centralized controls and compliance monitoring, ensure full audit trails.
Understand how to approach the revenue reconciliation challenges that arise with multi-element arrangements, and practical approaches for managing deferred revenue.

Speakers

Ivan Makarov , Controller, SmugMug
Ivan Makarov
Controller, SmugMug
Ivan Makarov is the Controller of SmugMug – a photo sharing and e-commerce solution for consumers and professional photographers. Prior to joining SmugMug, Ivan was with the Silicon Valley offices of Ernst & Young and PwC, where he focused on tax planning, assurance and compliance services for high tech companies in the valley. Ivan graduated from Brigham Young University with bachelors and masters degrees in accounting.
Albert Ryan, Principal Solution Consultant, NetSuite
Albert Ryan
Principal Solution Consultant, NetSuite
Albert is an Irish Chartered Accountant, having trained with Ernst & Young. He has worked as a Controller across a range of industries over the past 20 years, including Software, Consumer Products, Real Estate and Financial. He served as Controller for Kana Software in 2008 when they implemented NetSuite OneWorld. More recently he served as the Controller for Rockstar Energy Drinks and for Armored Auto Group, the manufacturer of the STP and Armor All auto brands. He has also worked as a Revenue Recognition Consultant for a number of high tech companies. At NetSuite Albert serves as Principal Solution Consultant where he advises Controllers and other Finance executive how to solve some of their most challenging issues in back-office management.
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 NetSuite
NetSuite - Founded in 1998, NetSuite Inc. (NYSE: N) is the leading provider of cloud computing business management software suites for growing and mid-size businesses. Thousands of customers globally use NetSuite's online products and professional services to manage all key business operations—including customer relationship management (CRM), order fulfillment, inventory, accounting/ERP and finance, product assembly, ecommerce, website management and employee productivity—in a single web-based system.
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.