" This will affect all areas of the system that recognize revenue, such as Accounts
Receivable, Sales Order Management, Advanced Contract Billing, Contract and Service Billing, and Project
- ORACLE JD EDWARDS
Changes are being made to JD Edwards EnterpriseOne 9.2 to accommodate the new FASB and IASB Standards for revenue recognition.
Oracle’s JD Edwards customers need to assess the impact to their business for the new standards. Decisions
need to be made about when and how to transition to the new standard and when to upgrade their JD Edwards
systems with the new features to support the new standard.
The effective date for public entities is expected to start with reporting periods beginning on or after December 15,
Join CSS for a 30-minute live webcast that will summarize the new standards and help you determine your best option for transition to the new standard.
What are the new standards?
Why are FASB and IASB issuing a new standards update?
How does it impact engineering and construction companies?
What are the steps you need to take to be compliant?
What's the best approach?
What types of revenue are most and least impacted?