Global Accounting Principles and Commission Capitalization

Search:

DAY

WEEK

MONTH

YEAR

Select your country:
Sign up | Log in

ASC 606 is the revenue recognition standard that sets global accounting principles for all private or public companies that enter sales agreements or contracts with customers. Along with ASC 606, ASC 340-40 was added to address accounting costs to obtain a contact and costs to fulfill a contract.

Join us for this webinar when Airbase Controller Kelly Hicks and Ryan Dillard, a Director at CBIZ ARC Consulting explore how to approach capitalizing sales commissions under ASC 340-40. Their discussion focuses on how to determine the right commission expense policy and how to set up the necessary amortization schedules. They also discuss other expenses that could be considered for capitalization.

Ryan Dillard, Chief of Staff Director at CBIZ ARC Consulting LLC; Kelly Hicks, Global Controller at Airbase

Ryan Dillard, Chief of Staff Director at CBIZ ARC Consulting LLC

Ryan has over 17 years of public accounting and consulting experience, serving primarily the technology industry, including SAAS, on-premise software, health-tech, and life sciences companies. He enjoys guiding the CBIZ ARC professionals as they help private and public companies in their complex accounting, financial reporting, and compliance needs. When Ryan is not working, he enjoys working with the PFAC at Stanford Healthcare, making multiple trips to Disneyland, and playing the guitar.

Kelly Hicks

Kelly Hicks is the Global Controller at Airbase. Prior to Airbase, Kelly was the first accounting hire at Anaplan (NYSE: PLAN), where she scaled the global accounting function from their Series C financing through IPO, supporting over $550 million in annual revenue across more than 1,750 customers, 2,100 employees and 16 countries. Kelly is a CPA with Big Four public accounting experience. She graduated with a Masters of Accounting and Information Systems and a BS in Business Administration and Accounting from the University of Kansas.

Purchasing & Procurement Zone