You may see SOCs labelled by companies as, "SOC certification" and "SOC certificate", and we wanted to explain just why that term is incorrect. SOC (Service Organization Control) reports are not a certificate.

We recently released our Global IFRS 17 Readiness Assessment (GIRA) Q3 survey results which revisits our base of insurers to see how IFRS 17 projects have progressed since the first report was released in January of 2018.

With recent hacking scandals and general concern around security of information, we discuss SOC reports at a basic level. For those who need a broad understanding of the importance of SOC reports to their business, service providers, and...

How do you know what security controls and compliance features are essential, important, or perhaps unnecessary, when it comes to choosing your revenue recognition software service providers? SOC 1, SOC 2, SSAE 16, Type 1, Type 2, and soon SSAE...

“The only thing that is constant is change.”

- Heraclitus of Ephesus

Within the ever-changing world of business, regulatory change stands out as particularly daunting to even the most experienced CFO. Time-bound, complex and often impacting...

The new lease accounting standards, IFRS 16/ASC 842, will bring trillions of dollars of lease liabilities onto company balance sheets and trigger significant accounting changes when they take effect in December 2018/January 2019. This is the...

The new lease accounting standards, IFRS 16 / ASC 842, will bring trillions of dollars of lease liabilities onto company balance sheets and trigger significant accounting changes when they take effect in December 2018 / January 2019. This is the...

With many finance teams wrapping up revenue recognition projects, lease accounting (IFRS 16 / ASC 842) projects have taken a backseat.  Unfortunately, for public companies, the deadline for this standard – January 2019 – is fast approaching.

Today, we are excited to announce a new managed service, offered in conjunction with KPMG, to help companies adopt ASC 606. The managed service brings together KPMG’s accounting experience and system implementation capabilities with Aptitude...

Aptitude Software lease accounting expert, Alan Berkley, recently led a webinar on mitigating risks when implementing a lease accounting solution.