Webinar: How PE-Backed CFOs Can Gain Efficiencies When Adopting New Accounting Standards
Accordion & Trullion Present...
Let’s Talk About Transforming New Standards Into New Opportunities
The impact of new accounting standards (such as ASC 842 [lease accounting] & ASC 606 [revenue recognition]) can be more significant than initially anticipated, and smooth, scalable adoption should be a top priority at this stage. PE firms and their portfolio companies may face unique challenges, particularly in the current market environment with adjusting business models and processes, shifting priorities, and in-house resource constraints.
With this in mind, how can PE firms and their portfolio companies accelerate ASC 842 adoption over the next few months? Accordion and Trullion discussed that on a live webinar focused on the unique challenges facing PE firms and PE-backed companies. The panel explored ways to leverage AI-powered software, paired with external consultation, in order to ensure a smooth transition.
*See bottom of page for NASBA Course Announcement Details.
Webinar Learning Objectives:
Adopting ASC 842 & 606
Gain an understanding of how to leverage technology in order to facilitate the adoption of accounting standards ASC 842 & 606
Leveraging Tech to Add Value
How to use technology (especially AI and automation) in order to add value, instead of just checking compliance off your to-do list
Taking a Simplified Approach
Lease-in-a-Box: How to standardize ASC 842 adoption with a simplified approach for companies with less complex lease portfolios
NASBA Course Announcement Details:
Course Title: Webinar: How PE-Backed CFOs Can Gain Efficiencies When Adopting New Accounting Standards
Instructional Delivery Method: Group Internet Based
Recommended CPE Credits: 1.0 CPE Credit
Recommended Field of Study: Accounting
Advance Preparation: None
Program Level: Basic
Course Registration and Attendance Requirements: Participants must attend for at least 50 minutes to earn 1 CPE credit in the Accounting field of Study. Register Here
Refund Policy for Courses Sold for a Fee or Cancellation Policy: No fee or cancellation policy.
Official NASBA Sponsor Statement and Complaint Resolution Policy: Accordion is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.