Commissions Expense Accounting Under FASB ASC 606

January 1, 2018 is the effective date of the new revenue standard for most public and nonpublic entities reporting under U.S. GAAP. As one of the biggest changes in accounting standards in recent history, FASB’s new single, principle-based approach to accounting for revenue is a turnaround from the existing rule-based system. A lot of guidance has been made available around the new standard in regards to how it changes revenue accounting and related disclosures.

Learn more about whether your commission management solution is able to comply, so you can be prepared for the changes ahead.

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Buyer’s Guide for Simplifying HR and Payroll

Are you no longer sure your current HR and payroll provider is the right partner? Maybe you already have a payroll solution, but are hesitant about how well it fits. In this buyer’s guide, you will learn:

  • How to assess your organization’s HR and payroll needs
  • The three most important things to look for in a provider
  • How to select the provider that best fits your needs

Managing your workforce can get complicated. Download this guide to learn how to address your various HR and payroll issues with a more simple solution.

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Solve Your Biggest Business Problems with HR Analytics

Eighty-two percent of mid-market organizations say data analytics is important to their growth and 56% are currently mining their HR data to optimize business processes. If you’re an HR leader, data analytics enable you to show the true value your department brings to the organization. Find out how you can:

  • Gain a holistic understanding of your entire organization by extracting and compiling key data points across your HR, payroll and time solutions
  • Learn how much unplanned overtime is costing you
  • Determine which locations or departments have the highest turnover
  • Get insights into when safety incidents are most likely to occur

Download the guide to learn how to use HR data analytics to drive better decision-making throughout your organization and solve your most pressing business problems.

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Find the Best 2017 Construction Accounting Software – Get FREE Custom Price Quotes

With the multitude of construction accounting software solutions available for businesses today, selecting the right system for your organization can be challenging. Software Advice™ is a trusted resource for software buyers. We provide detailed reviews and research on thousands of software applications.

The right construction accounting software can help you:

  • Provide better insight into profitability
  • Create better estimates
  • Decrease errors and double entry of data

Our team of 80+ unbiased software advisors have reviewed thousands of software systems. Complete the form and one of our advisors will provide you with pricing details on up to five systems that meet your needs.

Don’t let price confusion keep you from selecting the best construction accounting software for your organization’s needs. Start now and request a free custom price quote today!

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6 Must-Haves for Modern Financial Management Systems

Did you know the financial system you are running today likely traces its heritage back to the ’80s and ’90s? Since then, the needs of finance organizations have changed dramatically, but financial systems have failed to adapt at the core. Built to serve only the most basic requirements, these systems weren’t designed to meet the needs of today’s finance organization.

With CFOs now facing very different requirements than they did just a decade ago, Workday believes finance organizations need modern financial management applications built from the ground up and based on today’s needs—not yesterday’s.

Read the whitepaper “6 Must-Haves for Modern Financial Management Systems” to discover what your financial management solution needs to include so your organization can thrive in today’s new economy.

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Survey Analysis: Gartner-FEI Study Helps You Understand the CFO’s Technology View in 2016

Read the new report from Gartner, conducted in collaboration with Financial Executives International, to better understand how you can respond to the changing needs of today’s modern finance organization and learn:

  • How your organization compares to other finance and IT units.
  • Which business processes top executives believe need the most improvement.
  • How the rapid shift away from on-premise monolithic strategies to the cloud is transforming both finance and IT.
  • How to improve your IT strategy by assessing your finance and IT organizations.

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