New Revenue Recognition Rules are Here, But Companies Have Short Time Frame to Comply
February 15 2010 - 3:51PM
PR Newswire (US)
NetSuite, Protiviti webinar offers strategic insight into the
compliance process and how companies may be able to more closely
align revenues with costs MENLO PARK, Calif., Feb. 15 /PRNewswire/
-- WHAT: While many companies are lauding the long-term benefits of
the Financial Accounting Standards Board's new revenue recognition
rules, they're not looking forward to the short- term compliance
crunch associated with the regulations, which take effect for
fiscal years beginning on or after June 15, 2010. Experts from
NetSuite and Protiviti will share insights for a more strategic,
effective compliance process during a complimentary one-hour
webinar: EITF 08-01 is Here - What It Means for Your Revenue
Recognition Processes. The session will include analysis of crucial
regulation details, rule adoption advice, and best practices for
aligning processes with the new requirements. The information
provided will be of special concern to those companies that sell
multi- element products, such as software and services or hardware
devices and software. Specific topics covered during the online
event include: 1. An overview of the new rules 2. Key
considerations for adoption 3. Best practices for aligning
financial processes with the new rules 4. Cross-departmental
considerations 5. What to look for in your financial and broader
business systems WHEN: Wednesday, Feb. 17, 2010 at 11 a.m. PST/1
p.m. CST/2 p.m. EST WHO: Ron Gill, senior vice president of
finance, NetSuite Inc. Steve Hobbs, managing director, Protiviti
Inc. HOW: Register for this webinar by visiting
http://www.netsuite.com/revrecognition (Logo:
http://www.newscom.com/cgi-bin/prnh/20090115/AQTH541LOGO)
http://www.newscom.com/cgi-bin/prnh/20090115/AQTH541LOGO
http://photoarchive.ap.org/ DATASOURCE: Protiviti CONTACT: Kathy
Keller of Protiviti, +1-650-234-6252, Web Site:
http://www.protiviti.com/
Copyright