Webinar – Beyond ASC 606 Compliance: Optimizing Revenue Recognition
ASC 606 is all about revenue recognition, a process which is historically inconsistent across companies and industries. The guidelines are about the results of your end-to-end processes starting with contracts, through pricing, quotes, orders, and ending with revenue recognition. The full name of the rule is ASC 606: Revenue from Contracts with Customers.
While the effective dates for the new guidance were staggered and delayed, they are now upon us. Many public entities have already implemented ASC 606, and nonpublic entities are required to implement ASC 606 in their first annual reporting period beginning after December 15, 2018.
Please join Carl Kumpf, NeoSystems Consultant, CPA, and Principal at Integral Financial Group for this 1-hour webinar designed to teach you how to optimize revenue recognition. Mr. Kumpf has been at the forefront of helping companies meet the requirements of ASC 606 since the FASB first issued the standard in 2014. He brings decades of knowledge by servicing a diverse client base throughout the DC Metro Area and beyond, helping them conquer complex challenges in finance, accounting and compliance.