To accompany the launch of our latest product: Revenue Automation, we have published an in-depth white paper covering many significant topics around managing revenue and contracts under the new guidance.
If you’re not aware of the new guidance and how the deadlines may impact your current operations, we can help.
IFRS 15, as amended, is effective for the first interim period within annual reporting periods beginning on or after January 1, 2018, with early adoption permitted.
The FASB’s standard (ASC 606) is effective for public entities for the first interim period within annual reporting periods beginning after December 15, 2017 (nonpublic companies have an additional year).
Whitepaper title: Essential Contract Revenue Knowledge on ASC 606 & IFRS 15 for Microsoft Dynamics AX
This whitepaper provides information for businesses using Microsoft Dynamics AX related to the new revenue accounting standards and educational awareness of the new 5 Step Revenue Recognition Model provided by the standard Boards to implement ASC 606 and IFRS 15.
Topics include:
- The emerging class of middleware known as Enterprise Revenue Lifecycle Management
- Industry-specific issues falling under ASC606 Revenue from Contracts with Customers
- Expert recommendations for more effectively managing contract, billing, and revenue recognition requirements
Request this new white paper today.