ASC 606 is all about revenue recognition, a process which is historically inconsistent across companies and industries. The guidelines are about the results of your end-to-end processes starting with contracts, through pricing, quotes, orders, and ending with revenue recognition. The full name of the rule is ASC 606: Revenue from Contracts with Customers.

While the effective dates for the new guidance were staggered and delayed, they are now upon us. Many public entities have already implemented ASC 606, and nonpublic entities are required to implement ASC 606 in their first annual reporting period beginning after December 15, 2018.

Please join Carl Kumpf, NeoSystems Consultant, CPA, and Principal at Integral Financial Group for this 1-hour webinar designed to teach you how to optimize revenue recognition. Mr. Kumpf has been at the forefront of helping companies meet the requirements of ASC 606 since the FASB first issued the standard in 2014. He brings decades of knowledge by servicing a diverse client base throughout the DC Metro Area and beyond, helping them conquer complex challenges in finance, accounting and compliance.

This webinar is presented by ...

NeoSystems delivers strategic back office services to over 500 government contractors, from small companies through federal divisions of large corporations. We provide industry experts for implementations and upgrades, day-to-day accounting, hosting, financial planning, and reporting. At NeoSystems, our clients leverage best-in-class software including Deltek Costpoint and GCS Premier. With Neo, our clients benefit from our secure, private, redundant cloud that is SSAE-16 SOC 1 & SOC 2, PCI-DSS, MA 201, HIPAA, and ITAR compliant. - See more at neosystemscorp.com.