Gearing up for the New Rev Rec Standard in 2017: Are You Ready?
The new revenue recognition standard represents a major shift from a rules-basedto a principles-based guidance, and the deadlines for both public and private companies are imminent. By now Finance leaders should be acutely aware of the new rules. But many underestimate the effort required to adjust policies and design new processes to be ‘compliant-ready’ - and they are up against an aggressive timeline.
Download this Transition Guide to the New Rev Rec Standard from Brian Sommer, awarded Diginomica columnist, accounting software expert, and founder of technology research firm Vital Analysis, and learn:
- Impact of the new rules on companies
- Planning factors and data requirements
- Risks, challenges, and constraints