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title: News from Bramasol
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 New Lease Accounting Requirements are Coming

| Not rendering correctly? View this email as a web page here. Ignite Possible Newsletter February 2017 Next RevRec Webinar: SAP RAR 1.3  More New Features We will be exploring in more depth new functionality available in SAP’s latest RAR version 1.3, which may include more on Foreign Exchange, Scheduling and other areas. February 23, 2017  10 AM PST/ 1 PM EST Click Here to Register    Watch Videos of  RevRec Webinars: Click Here to Access the Recordings  Join Bramasol at SAP-Centric Financials February 21-22, 2017 Dallas, TX Join us at SAP-Centric Financials to learn about the most pertinent challenges facing CFOs in 2017. Bramasol's Larry McKinney and SAP's Pete Graham will present "In-Depth Guide to Getting #RevRecReady".    Register for SAP-Centric Financials Big Changes Coming for Lease Accounting Standards In early 2016, the International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) issued new requirements for lease accounting. Both IFRS 16 and ASC 842 are the result of the IASB and FASB efforts to meet the objective of improved transparency, comparability and financial reporting. In addition to presenting a new set of challenges that need to be addressed by the end of this year, the changes in lease accounting also offer an excellent opportunity for companies to make major improvements in their end-to-end lease management practices. All companies, whether lessors, lessees or both, need to leverage the process of changing their lease management methodologies. This will enable them to gain better visibility of their lease portfolios, streamline the process of lease management and reduce overall costs. The opportunities for significant improvements span all lease categories, including: Real Estate Leases Equipment Operating Leases Software Leases As an innovation partner with both SAP and Nakisa, Bramasol brings together a  range of solutions and  expertise to help you assess and implement the FASB and IASB leasing standards. These solutions unify disparate leasing data and provide a clear view to make informed decisions on leasing liabilities while conforming with the new requirements. At SAP-Centric Financials, Bramasol and Nakisa will be providing an update on the latest SAP Leasing solutions aimed at helping you get ready for IFRS 15, 16 and 9 while also optimizing company-wide lease management.  Click Here to Register for SAP-Centric Financials Upcoming Industry Events SAP Centric Financials - February 2017 SAP Insider Finance - March 2017 High-Tech Hands-on Workshop - March 2017 Aerospace and Defense Industry Workshop - Mid-April SAPPHIRE and ASUG Annual Conference - May 2017 Stay tuned for other regional workshops and customer round tables.  Consultant's Corner - Meet a Bramasol Expert each Month   Hans-Christian Metz Senior RAR Consultant and Member Center of Expertise Hans brings over 25 years of experience in a variety of industries, areas, and roles, to assist Bramasol customers in reaching their business objectives. After work in Auditing and in line positions in Media and with a dot.com, he joined Bramasol and has worked on a wide range of projects. His work on Revenue Recognition at Bramasol started with participating in a complex custom development project, then moving on to the first RAR releases, ultimately working on all releases, including testing and working with releases 1.0, 1.1, 1.2, and 1.3. He has worked on several of the first Proof-of-Concept projects, as SAP ramp-up coach, Lead Financials consultant, and Project Manager. He led the first 1.0 implementation of RAR at a non-SAP group company in the US. He participated in multiple POCs and pilots for complex RAR implementations in High-Tech and Telecoms. He is currently working on multiple 1.2 implementations expected to be upgraded to 1.3 before their Go Live, and supports other projects through Bramasol’s Center of Expertise. Share this with others:      Bramasol, Inc   3979 Freedom Circle  Suite 620  Santa Clara  CA   95054   USA You received this email because you are subscribed to Newsletter from Bramasol, Inc. Update your email preferences to choose the types of emails you receive.  Unsubscribe from all future emails  |
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