Countdown to the New Revenue Recognition Standard, ASC 606

What every tech company needs to know to prepare for the new revenue accounting standards
The new revenue recognition standard ASC 606represents the most widespread change to revenuerecognition rules in recent years. The transition from a rules-based approach for rev rec to a principle-based approach has significant implications for the entire organization. Software and other high tech companies must ready themselves for numerous impacts across systems, processes and policies as they work toward compliance.

 


Key Benefits:

  • How the new standard will impact revenue reporting and the challenges that confront the finance organization.
  • Strategies for ensuring compliance readiness across the entire company, including finance, IT, sales, legal and professional services.
  • Practical recommendations and timelines to ensure a smooth transition.
     
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