Complying with Commission Accounting Obligations of ASC 606

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Virutal Discussion on Tuesday, September 26

Join Obero and special guest, Robert D. Kugel, CFA SVP and Research Director of CFO and Business Research at Ventana Research, for an informative virtual discussion revealing the complications of accounting for selling costs under the new revenue standard.

Date: Tuesday, September 26, 2017
Time: 3:00 - 4:00 PM EST

Ventana Research provides insight and expert guidance on mainstream and disruptive technologies through a unique set of research-based offerings including benchmark research and technology evaluation assessments, education workshops and research and advisory services. Along with this, Christopher Li, Chief Product Officer at Obero will provide commentary on how the upcoming ASC 606 regulatory change will affect commission structures for subscription-based businesses.

Some of the topics discussed by members on the webinar will include:

  • Challenges that accounting and compensation departments will face with accounting for sales commissions;
  • How ERP and billing systems will struggle to handle the requirements of the new revenue standard;
  • Best practices for preparing to meet the obligations of ASC 606.

To register for the webinar, click here.

About Obero

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 Expense and Profitability management, Sales Planning and Forecasting, Incentive Compensation Management and Expense and Profitability Management processes in a single unified application that is uniquely positioned for the subscription economy.

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