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How to Successfully Navigate Accounting Standards for ASC 606 and ASC 842
March 20, 2025 @ 1:30 pm – 2:30 pm EDT
Implementing accounting standards can be complex, time-consuming, and challenging for teams of all sizes. Our expert speakers will provide practical strategies and best practices to ensure a successful transition and ongoing compliance whether you use ASC 606, ASC 842, or both. In this webinar, SOFTRAX will break down the five steps of ASC 606 compliance and share four additional steps you can take for revenue management. FinQuery will guide you through the key aspects of an ASC 842 implementation, from understanding the requirements to preparing for a smooth audit. Learning Objectives – Understand ASC 606 and ASC 842 compliance and where to apply each standard – Discover strategies for ongoing compliance of ASC 606 and ASC 842 – Learn how to streamline your lease accounting process, reduce errors, and save valuable time under ASC 842 – Understand the additional four steps you can take for revenue management unde
**CPE Eligible** Field of Study: Accounting Program Level: Basic Prerequisites: None Advance Preparation: None Delivery Method: Group Internet-Based Recommended CPE Credit(s): 1 Who Should Attend: Accounting, finance, and consulting professionals who manage billing, revenue recognition, and medium-to-high volume of leases Refunds and Cancellations: There is no fee to attend this webinar. For more information regarding refunds, concerns, and/or program cancellation policies, please contact us at www.softrax.com/contact.
SOFTRAX 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: https://www.nasbaregistry.org/.
