A Spotlight on the M&E Industry’s Revenue Implementation Issues

Forrester Report

The Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) (collectively, the boards) agreed to clarify the guidance in their new revenue standards on accounting for licenses of intellectual property (IP) and identifying performance obligations. However, they did not agree on the nature and breadth of the changes or the timing of […]

What Was The First Book You Ever Bought on Amazon?

Here’s a fun question: What was the first book you ever bought on Amazon? It’s sitting right there, on the first page of your order history. While I was browsing around last night the thought occurred to me – Amazon knows the name of the first item I ever bought from them (this was back […]

Boards to Adjust New Revenue Standard

While a deep dive into any delay for the new revenue recognition standard won’t take place until next month, governing boards this week made solid progress toward some key revisions to the complex new converged standard. At their joint meeting for March, the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) voted in […]

Recap of the Zuora-RGP Webinar on New RevRec Standard Challenges and Solutions

Zuora hosted a webinar with one of its new partner, RGP, on the topic, “A Software Solution for your ASU 2014-09 Revenue Recognition Challenges.” During the live event, Shauna Watson, Global Managing Director of Finance & Accounting for RGP, discussed the challenges involved in implementing this new standard and Zuora’s Director of Technical Accounting, Kathy […]

6 Questions for the Connected Car Industry

We all know the statistics – Gartner predicts that there will be 250 million connected cars on the road by 2020.  That means one in every three cars on the road will be connected.  By then digital diagnostics, infotainment channels and enhanced navigation systems are expected to constitute a $270 billion industry, up from $47 […]

Implementing the New Standard isn’t Just about Finance and Accounting

Editor’s note: Today’s post is the latest from our new guest columnist, Shauna Watson, Global Managing Director of Finance & Accounting for RGP. Shauna, a subject matter expert in U.S. GAAP, IFRS, SEC and PCAOB regulations, will share her valued opinion on a number of topics in this space. Although implementation of the new revenue recognition […]

CFOs in the Dark on New RevRec Rules

If you’re reading this, you are already on your way to becoming well-versed on the newly converged revenue recognition standard announced last year. Apparently, you’re one up on the person most responsible for your company’s financial standing in this regard, as well. As was just covered in a CFO.com report, more than half of the […]

Highlights of Zuora Webinar with PwC on New Guidance

Stig Haavardtun, an Assurance Partner for PwC, joined a recent Zuora webinar to discuss how he sees PwC clients responding to the new revenue recognition standard and any likely IT impact. As an experienced professional guiding companies through accounting changes from the initial analysis phase through implementation, Haavardtun offers a valuable perspective on the revenue […]

What’s Next For Box?

Box enjoyed a very successful IPO last month, raising around $175 million despite a lot of ridiculous nay-saying about its growth strategy. I have defended its business model extensively in the past, so it was great to see a company that was once foolishly dismissed as “the Groupon of SaaS” enjoys such an emphatic public […]