Revenue Recognition Transformation
|Event Date/Time: Aug 24, 2010||End Date/Time: Aug 24, 2010|
You'll hear from some of the finance industry's top revenue recognition experts, including senior executives from KPMG, Hein & Associates LLP and Proformative. In addition, NetSuite COO Jim McGeever will outline how cloud computing technology will transform revenue recognition processes and unlock finance productivity. McGeever will also debut new software technology for automating revenue recognition in the cloudâ€”no matter what ERP system you're usingâ€”and illustrate how NetSuite will use the technology to comply with the new FASB rules.
What You'll Learn
â€¢Best practices for managing revenue recognition, an overview of the new revenue recognition hierarchy
â€¢What you need to know about the new EITF 08-01 and EITF 09-03 rules and concepts like Estimated Selling Prices
â€¢How the new rules impact your existing accounting, financial systems and business processes
â€¢Practical approaches to more accurately calculate revenue allocations, get full audit trails, reduce manual effort, and get centralized control and compliance monitoring
â€¢How to avoid spreadsheet hell by using SAS 70 Type II compliant cloud solutions to accelerate your path to strong automated revenue recognition.