We are excited to announce that Paul Bailey from Red Hat will be presenting at our next luncheon meeting on November 17, 2016.
Over a decade ago, the FASB required companies to adopt FAS 123(R). Little has changed over the years, although the standards were recodified into ASC 718 in 2009. In 2014, FASB embarked on its simplification initiative, to reduce costs and complexity for issuers. The newly revised standards have been finalized and will become effective over the next few years. Paul will highlight the amendments to ASC 718 with a focus on practical implementation, including key decisions companies need to make as well as impacts on forecasting and budgeting.
Among other topics, this program will include:
- Discussion of the changes and how they will affect issuers;
- Timeline for transition to the new standards;
- Tips and best practices for managing the changes.
About the Speaker
Paul has more than 25 years of industry experience and is currently Director of Technical Accounting and SEC Reporting at Red Hat. Paul began his career in public accounting as an auditor with KPMG. In addition to KPMG and Red Hat, Paul has held senior manager or director-level accounting, treasury and financial planning positions with PepsiCo, BAE Systems (formerly British Aerospace PLC) and Fokker Aircraft.
Paul graduated with honors from North Carolina State University with a BA in accounting and earned a MBA from the Leonard N. Stern School of Business at New York University. Paul is a CPA licensed by the state of North Carolina.
Charlotte: Premier, Inc., 13034 Ballantyne Corporate Place, Charlotte NC
Raleigh: Red Hat, 100 East Davie Street, Raleigh NC 27601
Web/phone: Instructions available upon request via RSVP link below
11:30 am Arrival & Lunch
12:00 pm Session begins
1:00 pm Session ends
Please RSVP via the Survey Monkey link https://www.surveymonkey.com/r/QRSJMC5 by Monday, November 14, 2016. Your RSVP will ensure an accurate headcount for lunch.
The event is Free to Members and Non-Members.
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