Revenue Recognition: How to Adopt the new Exposure Draft Changes
Last month at the Revenue Recognition Accounting Conference at the Hyatt Santa Clara, Protiviti addressed the issue of how to adopt the potential changes of the FASB Revenue Recognition Project.
In a presentation titled, “Beyond the numbers – Lessons Learned/Best Practices” the speakers illustrated the far-reaching implications of the changes to the standard – including IT, HR, Treasury, Sales, Marketing, Legal, Operations…
Protiviti Managing Director, Steve Hobbs, led the discussion by revisiting the adoption of IFRS standards in Europe. Steve examined the lessons learned and showed the competing priorities at play as well as the resource constraints that accounting exec faced.
The presentation continued through an overview of the 6 elements of infrastructure and the capability maturity model frameworks.
Accounting Conferences and Seminars will offer multiple revenue recognition 2-day CPE conferences in 2013. Click this link to see the 4 events scheduled in San Jose, Chicago and Boston: https://acslive.com/events/revenue_2013.html