FIN: How companies can adopt the New Revenue Recognition Standard while leveraging current SAP investment
With the release of new revenue recognition standard by IASB/FASB, the risk of revenue compliance will be higher unless companies approach new guideline adoption in an integrated way across policy, process, systems & data. Get answers to the 4 key questions that finance and IT stakeholders ask PwC:
- What does the proposed revenue recognition standard mean to my company?
- What can we do to adopt new standard?
- Is there a framework or tool to understand what we need to do from process, systems, and data perspective
- How can I leverage my current investment in SAP to address the future revenue recognition needs?
Agenda:
- Understand implications of new revenue recognition standard
- Explain Key steps involved in an Integrated Approach to new guideline adoption
- Review SAP Revenue Accounting & Reporting solution
- Discuss Revenue Automation Assessment Approach to help define future state & the roadmap
- Q & A
Speaker:
Ravi Krovidi, Director – Advisory Services, PwC
Note:If you cannot attend the live broadcast, the webcast will be recorded. The link to the recording will be posted on this event page and emailed to all registrants.