The Ledger

Today's CFOs may be feeling a bit overwhelmed when they consider the storm of accounting regulations that is approaching. New accounting standards around leasing (ASC 842/IFRS 16), insurance contracts (ASC 942/IFRS 17), revenue recognition (ASC...

Part Two: Selecting a vendor and scoping the project

Part One: Assessing the business model challenges of ASC 606

At Aptitude RevStream's annual user conference - RevConnect 2017 - Aptitude RevStream customer Andy Nickerson, Finance Manager at Houghton Mifflin Harcourt (HMH), discussed his finance...

Private companies may be under the belief that because their revenue recognition seems straightforward, ASC 606 does not impact them materially. This was certainly the way 24 Hour Fitness thought of revenue recognition compliance. “My initial...

For large, multinational companies, a shift to the new leasing standard (IFRS 16/ASC 842) will cause unforeseen impact.

Recent surveys from KPMG & Aptitude Software suggest that most insurers are far from ready for IFRS 17, with over 80% of organizations still in the pre-assessment or assessment phase.

In order to better serve our clients, we need to know what they are excited about and what keeps them up at night.  We do this with surveys like our GIRA assessment, webinars and through events like our recent roundtable discussion held at the...

FWD Group is one of the world’s first insurance companies to begin implementing a solution to address IFRS 17 & IFRS 9. They have selected Aptitude Software’s Accounting Hub & Insurance Calculation Engine to manage what is widely recognized as...

A closer look at revenue recognition automation for a public network technology company

Large enterprise companies often deal with high value contracts that span years at a time and contain complex performance obligations and bundling of...