SOFTRAX Partners with HA&W, LLP to Get Businesses Ready for ASC 606 Revenue Standards

Free Joint Webcast Examines Implications and Challenges of New Revenue Recognition Guidance Released by FASB

CANTON, Mass. – August 27, 2015 – Enterprise revenue recognition specialists SOFTRAX invite business finance and compliance professionals to join its upcoming webcast, “ASC 606 – Preparing for the New Revenue Standards”, featuring experts from Atlanta-based tax, audit, and business advisory firm HA&W, LLP.

Released last year, FASB’s ASC 606 standard streamlines existing revenue recognition for U.S. companies and brings U.S. GAAP into closer alignment with international accounting rules. However, these new regulations will also require many organizations to change the way they recognize and report their revenues, impacting processes, systems, and resources. And even with recent delays in effective date, businesses only have a limited — and rapidly closing – window in which to prepare for the necessary changeover.

This free webcast looks at FASB’s new revenue rules and their implications for U.S. companies, as well as how businesses can help their financial systems get ready for the transition. The event will be presented by Ramon Scheffer (Director of Financial Reporting Advisory Services, HA&W) and Jagruti Solanki (Audit Manager, HA&W).

The live webcast will take place on Thursday, September 17, 2015 from 2:00 – 3:00 PM EDT / 11:00 AM – 12:00 PM PDT. More information can be found on the webinar registration page.

“ASC 606 – Preparing for the New Revenue Standards” is designed for managers and executives seeking a deeper understanding of ASC 606 as their organizations make plans to adopt this new standard. Complete attendance of this webcast qualifies registrants for one CPE credit. Contact us at info@softrax.com for more information.

About SOFTRAX

For over 15 years, SOFTRAX has been fundamentally changing the way companies manage, report, and forecast their revenue and cash. With hundreds of successful deployments, SOFTRAX is the leading provider of revenue automation solutions for US enterprises. Today, corporations manage billions of dollars through SOFTRAX, maximizing their revenue, reducing operating expenses, and complying with revenue recognition regulations and Sarbanes-Oxley requirements while gaining unparalleled visibility into their business performance.

SOFTRAX is headquartered in Canton, MA. More information can be found at www.SOFTRAX.com.

HA&W, LLP:

HA&W has been recognized as a “Best of the Best Accounting Firm” in the United States.  Since 1952, clients throughout the U.S. and in more than 40 countries have counted on HA&W to build value, manage risk and drive growth.  As the largest tax, audit and business advisory firm headquartered in Georgia, our expertise across a broad range of services and industries provides clients with winning financial practices and insights to help them grow at every stage of their business lifecycle.

To learn more about HA&W, visit www.hawcpa.com.