June 2017 Newsletter
ASC 606: What every company needs to know in order to prepare for complying with evolving revenue accounting standards
The new revenue recognition standard ASC 606 represents the most widespread change to revenue recognition rules in recent years. The transition from a rules-based approach to a principle-based approach has significant implications for the entire organization. Companies across industries must prepare themselves for impacts across numerous systems, processes and policies as they work toward compliance.
Read this white paper to learn:
- How the new standard will impact revenue reporting and the challenges that confront the finance organization
- A strategy for ensuring compliance readiness across the entire company, including finance, IT, sales, legal and professional services
- Practical recommendations and timelines to ensure a smooth transition
Contact Conexus SG for more information.