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How IT can help your accounting function prepare for rev rec

Contributing Author: Brian Evans

This blog post was featured on CIO.com as part of John Hoebler's blog series titled "Finance Meets the Cloud." 

Accounting standard ASC606 is a notable change to the way revenue is recognized and reported from contracts. Organizations have mostly managed to track...

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What to Look for in a Technology Solution for Rev Rec

Collaborating Author: Tracy Abruzzo

This blog post was featured on CIO.com as part of John Hoebler's blog series titled "Finance Meets the Cloud." 

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The 4 steps to building a CECL implementation plan

Contributing Author: Tim Biddle 

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CECL Modeling: In-House or 3rd Party? Choose Wisely

Contributing Author: Tim Biddle

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IFRS 9 & CECL: A dual reporting challenge

Collaborating Author: Victoria Redmond

By now you have heard that CECL is looming for US GAAP-compliant preparers, but have you heard about the IASB’s equivalent and even faster approaching regulation, standard IFRS 9?

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3 steps to ensure your data is compliant with CECL

Collaborating Author: Tim Biddle

If you are a financial institution, then you probably have spent time learning more about CECL and the challenges it will have on your data capabilities. You may be asking yourself, “Why is data and data management so much more important to CECL compliance than...

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The Answers to 5 Basic Questions About CECL

The financial crisis of 2008-2009 erupted across the globe, leaving a wide array of proposed regulations in its wake. Over the past seven years many regulations have been written and implemented while still others are upcoming.

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Beyond the 5-Steps: A Comprehensive Look at Implementing the New Revenue Recognition Guidance - Part 3

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Summary of Revenue Recognition Panel Discussion

A key event in Washington DC’s CFOs’ calendars, covering the hot topic of ‘Revenue Recognition- ASC 606 - Revenue from Contracts with Customers’, was held on April 19th with over 100 people from over 50 Washington DC area companies in attendance.

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Beyond the 5-Steps: A Comprehensive Look at Implementing the New Revenue Recognition Guidance - Part 2

Getting Started

In part 1 of this series, I addressed the implementation landscape, and how many companies have not yet begun their efforts to implement the new revenue recognition guidance. In this post, I provide some thoughts on what these companies should be doing now to get started.

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