TORONTO, ON (October 24, 2017) — Join Obero and Financial Executive International (FEI) on November 7 for our joint informative online session where we’ll be discussing the new revenue standard, ASC 606. This session will be presented by Christopher Li, Chief Product Officer and Dave Conte, Chief Financial Officer from Obero. During this one hour event, Obero will provide an in-depth analysis of how subscription-based businesses can manage their incentive compensation programs to support the upcoming ASC 606 regulatory changes.
Date: Tuesday, November 7, 2017
Time: 2:00 p.m. – 3:00 p.m. EST.
Attendees of this session will:
- Earn 1 CPE credit.
- Leave with a better understanding of the impact of the new revenue recognition and cost amortization rules on incentive compensation plans and their accounting.
- Discuss automating the incentive compensation expense accounting process to be compliant with the new revenue standard.
- Learn how to dynamically true-up incentive compensation capitalization and amortization balances due to contract and/or subscription changes.
For more information on ASC 606, access Obero’s full library of resources here.
Obero SPM is a cloud-based Sales Performance Management Solution which supports the end-to-end sales life cycle and is the only solution designed to support cost accounting under ASC 606. Obero SPM integrates Sales and Revenue Management, Territory and Quota Management, Workforce and Capacity Management, Incentive Compensation Management and Compensation Accounting Management and Sales Planning and Forecasting processes in a single unified application that is uniquely positioned for the subscription economy.
Financial Executives International (FEI) is the leading advocate for the views of corporate financial management. Its more than 10,000 members hold policy-making positions as chief financial officers, treasurers and controllers at companies from every major industry. FEI enhances member professional development through peer networking, career management services, conferences, research and publications. Members participate in the activities of more than 65 Chapters in the U.S. and a Chapter in Japan. FEI is located in Morristown, NJ, and Washington, D.C. Visit www.financialexecutives.org for more information.