Forest Technologies Releases A Practiced Guide to Revenue Recognition"

Now available, A Practiced Guide to Revenue Recognition" Training Programs for your Account Management, Project Management, and Project Teams. These Revenue Recognition Programs are designed by Front-Line Managers for Front-Line Managers for value structuring and delivering strategies to optimize project-based revenue and to improve performance to Revenue Forecast.

Colorado Springs, CO (PRWEB) May 29, 2005 -- Forest Technologies released today A Practiced Guide to Revenue Recognition" Training Programs for your Front-Line Account Management, Project Management, and Project Teams. These training programs teach front-line organizations about the Project-Revenue Lifecycle, Financial Compliance requirements around Sarbanes-Oxley (SOX) and SEC Staff Accounting Bulletin 101 (SAB101), using Earned Value Management Systems (EVMS) as an indicator of Revenue Forecast Quality, and project delivery structures for optimized Revenue Recognition. These training programs guide your organization to optimized revenue recognition, avoiding costly revenue remedy activities, and strategies and tools that lead to predictable and reliable revenue forecasting.

"It is critical that the Capture Management team structure their pre-sales activities for Revenue Recognition and partner with their Project Management, Marketing, and Financial teams for predictable revenue flow for the life of the project" said Ken Van Antwerp, President of Forest Technologies. "These training programs fill-in knowledge gaps that the Capture Management and Project Execution Teams have in value delivery structured for Revenue Recognition. Using Revenue Recognition strategies and tools the revenue forecast is more reliable, project profit margins are maintained, and the business is more predictable."

A Practiced Guide to Revenue Recognition" Training Programs build on the front-line skills of the Capture Management and value delivery organizations by combining industry best practices with project-focused financial compliance training. The training programs are divided into three groups -- Account Management, Project Management, and Project Team training, each with their specific focus, length, and detail for the target organization. All training programs focus on the common goal of the financial compliance throughout the Project Revenue Lifecycle". At the end of the training, each organization will understand compliance issues around SOX and SAB101, the importance of predictable and high-quality revenue forecasting, and strategies for optimizing project-based revenue. As a second-level Sales and Project Management training program, the front-line organizations can immediately put into practice these skills to improve execution on existing projects and significantly improve performance on future accounts.

A Practiced Guide to Revenue Recognition" Account Management training program, perfect for quarterly, semi-annual, and annual sales training programs is available today, and the Project Management Training Program and Project Team training available later this month. Forest Technologies training experts are available for onsite training for all three programs in both North America and Europe.

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