There is less than two months before the mandated adoption of new Revenue Recognition standards ASC 606 and IFRS 15. Since companies need to comply with legal disclosure reporting requirements, including a retrospective dual-reporting period between current ASC 605 and new ASC 606, it is critical that you have a clear disclosure reporting plan in place, NOW!
Bramasol RevRec Team
Recent Posts
Ease the Burden of Disclosure Reporting with Pre-Built Reports
Mon, Nov 13, 2017 @ 05:26 AM / by Bramasol RevRec Team posted in revenue recognition, revrec hot-tips, SAP RAR
Structured Data Migration is Critical for Revenue Recognition Compliance
Mon, Oct 23, 2017 @ 06:04 AM / by Bramasol RevRec Team posted in revrec hot-tips
New Revenue Recognition standards, ASC 606 and IFRS 15, are mandated to take effect in January 2018, which is now less than three months away.
Webinar Oct 19 - The SEC is Watching. Tips and Tricks for Compliance with ASC606, IFRS15, ASC842 and IFRS 16
Sat, Oct 7, 2017 @ 08:13 AM / by Bramasol RevRec Team posted in revenue recognition
On October 19, 2017, we invite you to attend the next webinar in Bramasol's highly regarded series on Revenue Recognition issues.
Video: SAP RAR Data Migration and Reporting
Wed, Oct 4, 2017 @ 12:00 AM / by Bramasol RevRec Team posted in SAP RAR
The video of our latest Revenue Recognition Webinar is now available for viewing online.
Less than 90 Days Left for RevRec Compliance
Sat, Sep 30, 2017 @ 09:53 AM / by Bramasol RevRec Team posted in revenue recognition, revrec hot-tips, RevRec hot-news
The new Revenue Recognition standards (ASC 606 and IFRS 15) are mandated for implementation by January 1, 2018. Yes, that is less than three months from now!
RevRec Events at SAP Automotive Best Practices
Sat, Sep 16, 2017 @ 12:00 AM / by Bramasol RevRec Team posted in revenue recognition
Join Bramasol at Best Practices for Automotive and be sure to attend the two special sessions on Revenue Recognition detailed below.
RevRec Webinar Video: Ease the Burden of Complex Disclosure Reporting with Pre-Built Reports
Sat, Jul 29, 2017 @ 08:51 AM / by Bramasol RevRec Team posted in revenue recognition
The video is now available for Bramsol's latest installment in our highly successful Revenue Recognition Webinar Series. "Ease the Burden of Complex Disclosure Reporting with Bramasol's Pre-Built Reports" Presented on July 27, 2017, this webinar focused on how companies can quickly flesh out their disclosure reporting processes, with less than six months left until the mandated adoption of new Revenue Recognition standards ASC 606 and IFRS 15. Disclosure reporting under ASC 606 for RevRec will be complex and require extensive quantitative and qualitative data and notes. Spreadsheets are not up to the task. Learn how Bramasol can save you time and money on your preparation and audit for Financial Disclosures for your 10K/10Q. We have developed 10 key reporting tools that gather the majority of key information for you and present them in easy to use formats.
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FASB Board Member Urges All Companies to Evaluate Impacts of New RevRec Standards
Fri, Jul 21, 2017 @ 08:45 AM / by Bramasol RevRec Team posted in revenue recognition
In an interview on July 12, 2017 with the Center for Audit Quality, FASB Board Member Christine Botosan discussed the importance of all companies evaluating the impacts of new Revenue Recognition standards on their organizations.
Disclosure Reporting for Revenue Recognition: What You Need to Be Doing Now
Wed, Jul 5, 2017 @ 07:58 AM / by Bramasol RevRec Team posted in revenue recognition
There is less than six months before the mandated adoption of new Revenue Recognition standards ASC 606 and IFRS 15.
Since companies need to comply with legal disclosure reporting requirements, including a retrospective dual-reporting period between current ASC 605 and new ASC 606, it is critical that you have a clear disclosure reporting plan in place, NOW!
RevRec Webinar Video: Dual Reporting How SAP RAR Facilitates Gathering Key Data
Wed, Jun 28, 2017 @ 03:07 PM / by Bramasol RevRec Team posted in revenue recognition, SAP RAR
We invite you to view the latest video in Bramasol's highly successful Revenue Recognition Webinar Series.