April Blog Roundup

April has come and gone, and that means we’re officially well on our way through the spring! In case you missed it, here is a look back at this month’s top posts.

Is Your Nonprofit Ready for ASC 606?

If you’re confused about Accounting Standards Codification (ASC) 606: Revenue from Contracts with Customers, you’re not alone.

The effective date of the new revenue standard has been deferred until December 15, 2017 for non-public entities, but that still doesn’t leave nonprofits with much time to prepare.

Check out this post for some background and what The Resource Group recommends.

Industry Insights: TokenEx

Jeffrey Rudd is the vice president of finance at TokenEx, a cloud-based data security platform that offers solutions such as tokenization, encryption, and key management via a highly flexible solution in the way that customers can secure, store, and interact with their data.

Armanino recently interviewed Jeffrey on why TokenEx chose to partner with Armanino during their selection of Intacct and the criteria TokenEx used.

Competing to Win: How Cloud Accounting Enables Growth

In this blog, Intacct partner, NDH Group, discusses CFO objectives for automation, the continuum of data isolation, and why business systems need to move together. Don't miss it!

Five things no one tells you about marriage...or ERP systems

Throughout the past year, Nicole Ortiz has helped her clients navigate the ever-complicated market of cloud-based ERP systems. The vendor evaluation and selection process can be rewarding and, at the same time, challenging and complicated. And surprisingly, the lessons she's learned on these projects have also helped her adjust to newly married life.

Read these five nuggets of wisdom that she has taken to heart.

ASC 606 & IFRS 15 – What Are the Changes?

Philip Massey, president and founder of Massey Consulting, is discussing ASC 606 & IFRS 15, the changes will take effect in 2018 financial reports, and that to comply, affected companies will need to review contracts and possibly restate timing of their revenue.

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[ Published: April 28, 2017 ]