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Month: July 2018

Revenue Recognition – ASC 606 Roundup: 07/30/2018

This week’s edition covers both relevant news articles as well as a recent comment letter/company’s response on ASC 606.
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SOFTRAX announces the Next Level of ASC 606 and IFRS 15 Automation with Revenue Manager 5.1

BOSTON – July 24, 2018 – Softrax, a division of AFS Technologies, and the leader in revenue recognition automation solutions, today announced the upcoming release of Version 5.1 of its Revenue Manager solution. Revenue
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Revenue Recognition – ASC 606 Roundup: 07/16/2018

This week’s edition covers both relevant news articles as well as a recent comment letter/company’s response on ASC 606.
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Will you have lost or vaporized revenue?

Who cares what you call it?  Either way, it’s gone! 
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Revenue Recognition – ASC 606 Roundup: 07/10/2018

This week’s edition covers both relevant news articles as well as a recent comment letter/company’s response on ASC 606.
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Part Five: Excel is not an Agile Business Tool

Beginning in January, we posted a blog outlining five important reasons why excel spreadsheets were not to be trusted for implementation of the ASC 606 guidelines. Since then, we have extended that blog post into
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Revenue Recognition – ASC 606 Roundup: 07/02/2018

This week’s edition covers both relevant news articles as well as a recent comment letter/company’s response on ASC 606.
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