Finance (AP/AR)

Avoid a Rev Wreck! – Be Ready for ASC606 / IFRS15

Monday, May 8
10:45 AM - 12:15 PM
Room: Grand Ballroom E

Format: Deep Dive

CPE: 1.5

The new ASC 606 revenue recognition standard will bring with it significant changes to the accounting rules and methods. Public companies need to be ready for adoption in January 2018, and private companies in January of 2019. Attend this session to learn you can get ready for adoption.
Learning Objectives:
1) Understand how the changing accounting standards from legacy methods to ASC 606 will impact your business systems.
2) Explore the key differences between ASC606 and IFRS15
3) Learn about ISV/3rd party options for automating revenue recognition processes and avoiding a Rev Wreck!
Level of Knowledge: Intermediate Format: Presentation

Will Stagl


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Neil MacDonald

Solutions Consultant
Binary Steam Software

Over three decades of progressive business, Project and IT Management coupled with formal management and financial training, backed up by technical and industry certifications. This includes more than 10 years working with Dynamics ERPs as an implementation consultant, a salesperson, and a pre-sales solutions consultant. Extensive project management and technical leadership experience in the delivery and implementation of multiple IT Call Centre and ERP projects. Highly developed problem resolution and consulting skills in the application of best practices and efficiency initiatives for infrastructure related undertakings. Keen understanding of SLA/SOW negotiation and fulfillment. Acute attention to detail and financial analysis of current and future endeavors. Recognized and highly motivated, and motivational, leader and mentor with the ability to liaise with front line workers as well as C-level executives.

Specialties: CMA (Certified Management Accountant); CPA (Certified Professional Accountant)
PMP (Project Management Professional)
MCSE (Microsoft Certified Systems Engineer);
MCBMSP (Microsoft Certified Business Management Solutions Professional - Dynamics GP)


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Nina Clarke


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Avoid a Rev Wreck! – Be Ready for ASC606 / IFRS15

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