We want to help as many companies as we can avoid the headaches they may face trying to manage ASC 606 and IFRS 15 with spreadsheets and QuickBooks – said Bob Gaby, CPA.CITP, and Arxis Principal.
SIMI VALLEY, Calif. (PRWEB)
November 21, 2017
Arxis Technology, Inc., a technology consulting firm specializing in complex revenue recognition criteria resulting from ASC 606 and IFRS 15, and the sale, implementation, customization, and support of Sage Intacct Cloud financial management software, won Sage Intacct’s inaugural Creative Marketing Partner Award for their outstanding coverage and analysis of the ASC 606 Revenue Recognition regulations and impacts.
“We’re proud and honored to receive this award from Sage Intacct for our ASC 606 content. We anticipate these criteria to have deep impacts and largely change the way that SaaS and subscription-based businesses manage and track revenue recognition. We’ve spent the last two years diligently creating educational content so that finance and accounting professionals can discover an automated way to manage the transition and dual reporting,” said David Cieslak, CPA.CITP, and Arxis principal.
“The deadline for public companies to comply with the new revenue recognition criteria is the end of 2017. The old ways of managing revenue recognition will be problematic, and won’t be scalable for affected companies. We’re committed to educating accounting and finance professionals that there is a better way, so this makes our award very timely and meaningful. We want to help as many companies as we can avoid the headaches they may face trying to manage ASC 606 and IFRS 15 with spreadsheets and QuickBooks,” said Bob Gaby,…