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Many forward-looking companies, led by innovative CFOs and IT departments are already proactively undertaking projects aimed at fundamental Financial Transformation.
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.
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!
We invite you to view the latest video in Bramasol's highly successful Revenue Recognition Webinar Series.
In his recent remarks to the Annual Life Sciences Accounting and Reporting Congress, the SEC Chief Accountant, Wesley R. Bricker, underscored the importance of urgency on implementing new Revenue Recognition standards.
In the 100th episode of "Inside America’s Boardrooms," the Center for Audit Quality (CAQ) Executive Director Cindy Fornelli joins host TK Kerstetter to discuss key steps for boards that are assessing implementation of the new revenue recognition standard.
It is not possible to effectively manage enterprise-wide leasing activities without understanding the context of the lease lifecycle. Without this context, leasing too easily can degenerate into a disjointed series of ad hoc decision points with a high risk of key information falling through the cracks.
There are only six months left before the mandated adoption of new Revenue Recognition standards ASC 606 and IFRS 15.
Corporate finance professionals face many challenges. They need to reduce the amount of time spent on inefficient month-end/year-end closing processes, improve their ability to extract timely and accurate financial information and streamline overall operational end-to-end business processes.
