Revenue Recognition changes and solutions examined during panel discussion
Simi Valley, CA (PRWEB) December 20, 2016
Arxis Technology, Inc., a technology consulting firm specializing in the implementation and support of Intacct Cloud ERP, announced today they will be co-sponsoring and participating as an expert at KPMG LLP’s upcoming “ASC 606 Revenue Recognition Panel Discussion” scheduled for January 19, 2017 at KPMG’s Downtown Los Angeles headquarters.
The breakfast event will focus on the changes and challenges related to new revenue recognition standards ASC 606 and IFRS 15 which go into effect in 2018 for public companies, and 2019 for private companies. An expert panel will share solutions and best practices to ensure readiness and compliance, including:
- Michelle Wroan and Tom Nussbaum, KPMG LLP, Audit Partners: Understand and prepare for changes in revenue recognition guidelines outlined by ASC 606
- Vijay Ramakrishnan, Intacct: Ditch the spreadsheets and automate key processes for revenue recognition, invoicing, and revenue forecasting
- David Cieslak, Arxis Technology, Technology consultant/speaker: Align people and technology for growth and success
“We’re excited to partner with KPMG for this important topic because we’ve seen how even moderate contract complexity can contribute to spreadsheet sprawl with increased errors. The Arxis and Intacct solution enables companies to simultaneously manage revenue using both the current and new accounting guidelines. It actually automates the complex compliance with new rules for revenue reallocation and expense amortization,” said David Cieslak, CPA/CITP, Arxis Principal, and event panelist.
Accounting professionals, including Controllers, CPAs, and CFOs are invited to register for the event at this website.
About KPMG LLP
KPMG LLP, the audit, tax and advisory firm (http://www.kpmg.com/us), is the independent U.S. member firm of KPMG International Cooperative (“KPMG International”). KPMG International’s independent member firms have 189,000 professionals, including more than 9,000 partners, in 152 countries.
About Arxis Technology, Inc.
Arxis Technology is a certified Intacct Premier Partner and Adaptive Insights featured partner with offices across the country, including Los Angeles, Orange County, Baltimore, Washington DC, Chicago, and Phoenix. Our best-in-class solutions, including Intacct, Adaptive Insights, and AvidXchange, enable finance teams to streamline revenue recognition, multi-entity reporting, accounts payable automation, dual reporting, financial forecasting, fund management, intercompany eliminations, cash flow projections, and global consolidations. Arxis assists organizations outgrowing QuickBooks and other legacy ERP systems that need to replace outdated, inaccurate manual processes, and eliminate reliance on spreadsheets.
Since 1994, Arxis has helped growing companies maximize their technology resources and investment. Over the years, we have helped hundreds of small- and medium-sized businesses as their strategic business partner. We specialize in the needs of Entertainment, Software & SaaS, Professional Services, Manufacturing, and Non Profit organizations. Our experienced consultants have a passion for making every facet of your business successful and are intent on building a long-term relationship with every client. For more information about Arxis, visit http://www.arxistechnology.com, or call (866) 624-2600.
For the original version on PRWeb visit: http://www.prweb.com/releases/Arxis-co-sponsors/KPMG-ASC606-event/prweb13931168.htm