Not rendering correctly? View this email as a web page here.
            

Ignite Possible Newsletter

July 2015

IgnitePossible-HotTip200x130

Start with Revenue Accounting.

Understanding revenue sources, flows, and relations between revenue streams is at the center of understanding the current treatment for recognition, the future treatment according to the new IFRS guidelines, and the differences between the two.

 

"As one of the few chosen elite partners supporting the SAP Revenue Accounting and Reporting Ramp Up program, Bramasol is very skilled in implementing revenue recognition accounting and reporting for customers."

Pete Graham, SAP Director, Finance Solutions and Mobility

 

 

Is your company

Rev-Rec-Ready?

Bramasol and SAP provide the solutions and experience to help you stay ahead of the curve on the new revenue recognition requirements.

Over the next three years, many public companies will have to undergo significant changes in order to comply with the new FASB and IASB revenue recognition standards. The new standards, adopted in 2014 and slated for implementation in 2017/2018, will replace substantially all existing US GAAP and International IFRS literature on revenue recognition.

Fortunately, for companies that are running SAP business environments, there is a new fully integrated solution, the SAP Revenue Accounting and Reporting application that not only eases the transition; it also can help leverage the new revenue standards into a significant business productivity advantage.

Read more here and download the checklist for success.

Industry News and Compliance Alerts:

 

FASB Votes to Defer the Effective Date of Revenue Recognition Standards by One Year

Bramasol Participates in Version 1.1 Testing of SAP Revenue Accounting and Reporting Application

Networking and Events:

New User Group formed for
SAP Revenue Accounting and Reporting
Register Here to Join

 

New Blog Series on RevRec Implementation
Click Here to Read Part 1

 

 
Share this with others: