New Revenue Recognition: Here Yet?


Manage episode 187623392 series 1244557
By Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio streamed directly from their servers.
The buzz: Rev Rec. Revenue recognition is the single most important item on your company’s financial statement and to your organization. The IASB and FASB already announced new converged revenue accounting standards – but they may be delayed a year. If you haven't started planning for the impact, what should your next steps be? If you have started, should you adjust for the delay? And have you read all 700 pages of new rules? The experts speak. Chris Smith, PwC: “It's just an accounting change, how hard could that possibly be?!” Julie Zielke, EY: “This quite possibly will be one of the most transformative accounting pronouncements of our time.” David Furgason, Deloitte: “I’ve learned that people will forget what you said, people will forget what you did, but people will never forget how you made them feel.” (Maya Angelou) Pete Graham, SAP: “A good plan executed today is better than the perfect plan executed tomorrow.” (George S. Patton) Join us for New Revenue Recognition: Here Yet?

208 episodes available. A new episode about every 35 days averaging 56 mins duration .