Selecting a Transition Method
Editor’s note: We are happy to introduce 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. Today, she focuses on one of the key […]
IASB Votes for One Year Delay of New Revenue Standard
As expected, the International Accounting Standards Board (IASB) this week voted in favor of a one-year deferral of the start date for the newly converged revenue guidance. Though the delay would maintain alignment with the Financial Accounting Standards Board (FASB) proposal earlier this month for a similar one-year delay to their new standard, officials for […]
10 Reasons You Can’t Afford To Miss Subscribed 2015
#RevRec News from the latest Transition Resource Group Meeting
In the year since the release of accounting standards update No. 2014-09, “Revenue from Contracts with Customers” (Topic 606), many details remain in a state of alteration. In the biggest development to date, the Financial Accounting Standards Board (FASB) has proposed to defer the effective date of the new standards by one year (definitely seen as a relief to […]
To Be or Not To Be: Subscriptions & The Publishing Industry
As the when, where and how of reading books changes, all sorts of possibilities are opening up for an increasingly digital-based publishing industry. Will book publishers go the Netflix way, with exclusive, serialized offerings to lure subscribers? We may come back full circle to the Victorian era of The Pickwick Papers, with a chapter delivered […]
IASB Looks to Follow FASB Lead on Delay
Taking the concept of ‘convergence’ to heart, the start date of new revenue recognition guidelines is likely to be delayed internationally now, following recent actions in the U.S. According to multiple reports this week, including the Wall Street Journal and Compliance Week, the international rule makers at the International Accounting Standards Board (IASB) will propose […]
The Modern CFO: From Geek to Guru
There’s something happening with CFOs. They’re looking a little more suave, have a little more swagger in the office. And they’re smart as hell. Yes, CFOs have always been intelligent. But today, it’s less about the geeky finance smarts and much more about the kind of smarts required to be a strategic business partner accountable […]
Subscription Pricing Strategy: What’s In a Package?
There are many components of successful subscription pricing strategies. In previous posts we’ve talked about the freemium model and determining the right price metric and level. Another critical strategy is how you define your subscription “packaging,” which is about arranging your product features into bundles that have different price points. Consumers always make trade-offs between […]
Why Should Lawyers Care About #RevRec changes?
It was just last year that the accounting governing boards FASB and IASB jointly issued the new ASU 2014-09, “Revenue from Contracts with Customers” which outlines a single all-inclusive model for accounting for revenue from customer contracts. The effective date of this new standard will be somewhere after December 2016, at least for FASB pending official […]
San Diego Disruptors: Lytx & Mindtouch
Here in Silicon Valley we’ve long prided ourselves on being the innovators of the world. We own the word “disrupt.” But our neighbors down south seem to be on to something. Last week Zuora hosted a fascinating panel discussion with San Diego-based partners Lytx and MindTouch, both global companies who are truly disrupting the traditional ways […]
Always Be Learning: LinkedIn Meets Lynda.Com
Linkedin has announced plans to buy Zuora partner Lynda.com.
The Zuora Subscription Experience City Tour in Germany, Austria & Switzerland
Zuora CEO Tien Tzuo is traveling to Dusseldorf, Vienna, Munich, Zurich and Berlin this week to discuss the rapidly shifting dynamics of the Subscription Economy in German-speaking Europe. He’s joined by our estimable DACH-based team and as well as valued partners including Salesforce, CARFAX Europe, goetzpartners and Ernest Gmunder Consulting. We’re already very fortunate to […]