Preparing for ASC 606
Date: Tuesday, February 27, 2018
Time: 1:00 – 2:00 pm Eastern
The accounting standard for recognizing revenue is changing – is your organization prepared for ASC 606? The revenue recognition standard defines new rules on how companies recognize revenue from contracts with customers, representing substantial changes and a major transition. ASC 606 is an updated accounting standard issued by FASB and IASB that is intended to increase financial statement comparability across companies and reduce the complexity in revenue recognition. The guidelines cover processes starting with contracts and continues through pricing, quotes, orders, and ending with revenue recognition.
Explore the top options available to prepare for the upcoming transition period by registering for our webinar with Seamus Moran from Oracle, Hari Mundhra and Gourav Rathi from Deloitte Consulting LLP, and Tom Buechler from eprentise. This panel discussion moderated by eprentise CEO Helene Abrams will provide an overview of the new standard, highlight the areas of significant changes to be ready for, and discuss the recommended approaches for your organization, all in a Q&A format.
Learning Objectives: After completion of this program you will be able to:
Objective 1: Discover how ASC 606 will transform the way all companies recognize revenue, and how this will impact businesses using EBS.
Objective 2: Define the areas of concern with the adoption of ASC 606, and what your organization should know to minimize financial reporting risks.
Objective 3: Examine the recommended approaches to satisfy ASC 606 performance tracking obligations and their impact, specifically for companies doing contract-based work in EBS.
6052 Turkey Lake Road, Suite 202
Orlando, FL 32819
CPE Programs Administrator – Brian Lewis
Recommended CPE 1 hr (based on a 50 minute hour)
Accounting – TechnicalProgram Level:BeginnerPrerequisites:General understanding of Oracle E-Business Suite Financials ModulePreparation:No advance preparation required.Delivery Method:Group-InternetCost:FreeSpeaker:
Seamus Moran from Oracle,
Hari Mundhra from Deloitte Consulting LLP
Gourav Rathi from Deloitte Consulting LLP
Tom Buechler from eprentise
Helene Abrams from eprentiseContact Information: