Preparing for ASC 606

Date: Tuesday, February 27, 2018

Time: 1:00 – 2:00 pm Eastern

Location: WebEx

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.

Download Slides View Video View Q&A

Preparing for ASC 606 from eprentise on Vimeo.

Preparing for ASC 606 from eprentise

Do you have questions related to this webinar topic that you’d like to ask? Visit the LinkedIn Group EBS Answers to post your own inquiries, read feedback provided by the EBS community and participate in discussions. Join now at http://www.linkedin.com/groups/EBS-Answers-4683349/about.

Additional Details

Sponsor:

eprentise, LLC
6052 Turkey Lake Road, Suite 202
Orlando, FL 32819
888.943.5363
CPE Programs Administrator – Brian Lewis
email: blewis@eprentise.com

CPE:

Recommended CPE 1 hr (based on a 50 minute hour)
Accounting – Technical

Program Level:

Beginner

Prerequisites:

General understanding of Oracle E-Business Suite Financials Module

Preparation:

No advance preparation required.

Delivery Method:

Group-Internet

Cost:

Free

Speaker:

Panelists:
Seamus Moran from Oracle,
Hari Mundhra from Deloitte Consulting LLP
Gourav Rathi from Deloitte Consulting LLP
Tom Buechler from eprentise

Moderator:
Helene Abrams from eprentise

Contact Information: