Softrax Resource Center

NEW!—A New Model for Revenue Recognition
RevenueRecognition.com recently surveyed senior financial executives from 515 companies about the FASB/IASB proposal for a new revenue recognition model. The RevenueRecognition.com ... + read more

Risk and Complexity in Revenue Reporting under US and International Standards
A RevenueRecognition.com survey of 652 businesses in the US and 34 other countries found that risk and complexity in revenue reporting processes are similarly high irrespective of... + read more

Laying the foundation for automating revenue accounting
This white paper from BearingPoint and Softrax explains why companies should automate their revenue processes, and how to successfully manage each phase of the implementation process ...+ read more

These presentations by Trent Gazzaway, Managing Partner, Corporate Governance, Grant Thornton LLP, explain new interpretive guidance for identifying risk and controls, evaluating effectiveness and reporting and documenting results.

• SOX 404: SEC's Interpretive Guidance for Management
• SOX 404: COSO Guidance on Monitoring Internal Control

What’s the Big Deal about VSOE?
It’s the leading cause of revenue restatements, a destroyer of stock market listings, accounting’s equivalent of quantum mechanics and string theory: it’s Vendor Specific Objective ...+ read more

Fundamentals in Software Revenue Recognition
Determining the right accounting literature to apply is not always as easy as it may seem. Software revenue recognition is complex – it often differs from customer to customer and ...+ read more

Best Practices in Revenue Reporting
A July survey of 578 business leaders by RevenueRecognition.com in association with IDC found that 57% of public companies cannot finalize their revenue numbers within their monthly ...+ read more

Taming the Risk and Liability Beast
In this presentation text, Brian Pastuszenski, a Co-Chair, Securities Litigation and SEC Enforcement Group, Goodwin Procter, LLP, offers practical advice for corporations and their officials to ... + read more

Benchmarks for Billing Processes: How Complex Business Models Impact Quality, Accuracy and Efficiency – New research shows how business models, billing and computational methods, and customer preferences impact billing complexity. + read more

Billing Strategies for Innovative Business Models: How Boring Old Billing Could Be the Competitive Advantage You Never Knew You Had – Billing processes are one of the most underrated competitive assets in business. This paper examines the complex billing requirements of ...+ read more

SOP 97-2: Current Issues in VSOE Accounting
This technical presentation from A.C. Sondhi, a member of FASB’s Emerging Issues Task Force (EITF) presents an insider’s guidance on a range of current VSOE accounting issues. + read more

Risks in Revenue Reporting
A June 2008 survey of 586 business leaders by RevenueRecognition.com in association with IDC found that 34% of responding companies were in the High Risk category for errors ...+ read more

Enterprise Systems and Revenue Recognition: The Missing Link
RevenueRecognition.com in association with IDC, present the findings from a survey of 685 business leaders about the need for improvements in their finance processes. + read more

Even If You're Private: What You Should Know About Sarbanes-Oxley
The ideas presented in this white paper will help private companies avoid pitfalls that could interfere with important future milestones, such as an acquisition or an IPO, and will contribute to ... + read more

Sarbanes-Oxley and Revenue Recognition Practices
RevenueRecognition.com in association with IDC, present the findings from a survey of 400 business leaders on the impact of Sarbanes-Oxley on revenue recognition practices. + read more

EITF 00-21: Revenue Arrangements with Multiple Deliverables
This white paper presents insights from A.C. Sondhi, a member of FASB's Emerging Issues Task Force, on the impact of EITF 00-21. + read more

Roadmap to the Revenue Compliant Enterprise

• Part One: "Achieving Accurate Revenue Accounting, Reporting, and Forecasting" + read more
• Part Two: "Managing Multiple Business Models" + read more

Accounting for Software as a Service
Today some of the most important innovations in the software industry are about the business model–how technology is being sold and delivered. Offering Software as a Service...+ read more

The Compliance Chasm
RevenueRecognition.com, in association with IDC, examines the relative cost and effectiveness of key compliance activities for Sarbox 302 and 404. + read more

The Impact of Tools on Forecasting
RevenueRecognition.com, in association with IDC, examines how companies can achieve greater efficiency and higher satisfaction with their forecasting processes. + read more