How to Successfully Navigate Accounting Standards for ASC 606 and ASC 842

Implementing accounting standards can be complex, time-consuming, and challenging for teams of all sizes. Our expert speakers will provide practical strategies and best practices to ensure a successful transition and ongoing compliance whether you use ASC 606, ASC 842, or both.

In this webinar, SOFTRAX will break down the five steps of ASC 606 compliance and share four additional steps you can take for revenue management. While FinQuery will guide you through the key aspects of an ASC 842 implementation, from understanding the requirements to preparing for a smooth audit.

Learning Objectives:

• Understand ASC 606 and ASC 842 compliance and where to apply each standard
• Discover strategies for ongoing compliance of ASC 606 and ASC 842
• Learn how to streamline your lease accounting process, reduce errors, and save valuable time under ASC 842
• Understand the additional four steps you can take for revenue management under ASC 606

Note: CPE credits are not offered for watching the webinar replay.