Print Page   |   Contact Us   |   Your Cart   |   Sign In   |   Join
Using Intacct to automate compliance with ASC 606 and IFRS 15 4173316B
Register View Registrations Tell a Friend About This EventTell a Friend
 

ASC 606 and IFRS 15 represent some of the most dramatic changes to accounting standards in decades; the time for adoption is quickly upon us. Are you and your organization ready? This session reveals how Intacct, assists organizations with full compliance.

 Export to Your Calendar 12/14/2017
When: 12:00 PM to 2:00 PM
Where: Webinar/Webcast
United States
Presenter: David M. Cieslak
Contact: April Deneault
801-466-10733


Online registration is available until: 12/14/2017
« Go to Upcoming Event List  

Curriculums:   Computers and Technology,Financial Leadership Forum,Business and Industry

NASBA Credit Category:  Computer Software and Applications

CPE Hours:  2

Description

ASC 606 and IFRS 15 represent some of the most dramatic changes to accounting standards in decades; the time for adoption is quickly upon us. Are you and your organization ready? This session reveals how Intacct, assists organizations with full compliance. So, whether your organization processes simple contracts or sophisticated multi-element arrangements with complex billing and revenue recognition requirements, learn how the Intacct Contracts can improve efficiency, increase visibility and ensure full compliance with new standards.

Materials are provided as an ebook for this course.



Major Subjects

  • Review the five-step model for revenue recognition.
  • Are spreadsheets an option?
  • ASC 606/IFRS 15 Order-to-cash process using Intacct Contracts.
  • How to handle: fixed vs. usage-based billing, multi-element arrangements, contract renewals and discounts.
  • Intacct Contracts Billing for Salesforce.

Objectives

  • Identify if you need to comply with the new requirements.
  • Determine how to move from non-compliance to compliance.
  • Identify what to do with historical contracts that need to be reported under the new standards.
  • Produce side-by-side (ASC 605/ASC 606) statements using Intacct.

Level:  Beginning

Designed For

CPAs, financial controllers and users responsible for processing transactions/reporting under the new guidelines.

Advanced Prep:

None.

Prerequisite

Familiarity with current solution and associated challenges.

Membership Management Software Powered by YourMembership  ::  Legal