Project Partners Blog


Posts Tagged ‘Revenue Recognition’

Part 2 of 2 LEVERAGING ORACLE PROJECTS TO MANAGE PERFORMANCE BASED REVENUE As stated previously, the core principle in the new Standard requires that an entity recognize revenue to depict the transfer of goods or services to a customer in an amount that reflects the consideration given in exchange for those goods or services. Impact […]

  MANAGING PERFORMANCE BASED REVENUE RECOGNITION Accounting Standards Codification (ASC) 606 -CURRENT UPDATES- This paper provides an update to one of our previous six-part blog series “Are you Ready for the New Revenue Recognition Standards?” It outlined the May 28, 2014 announcement that the FASB and IASB jointly issued ASC 606, Revenue from Contracts with Customers.  […]

Providing Our Customers With Better Project Delivery Through Full-Service… PROJECT APPLICATION | PROCESS ASSESSMENTS Whether helping you uncover hidden project challenges stemming from your current functional and operational applications/processes to understanding the why and how to migrate to the cloud, our PROJECT APPLICATION/PROCESS ASSESSMENT services give you the rigorous framework you need to achieve success […]

PROJECT PARTNERS PROUDLY ACHIEVES PLATINUM PARTNER STATUS IN ORACLE PARTNERNETWORK (OPN) HALF MOON BAY, Calif., January 16, 2019 – Project Partners, a global leader in optimizing business processes and IT investments within project-driven organizations, today announced that it has achieved Platinum partner status in Oracle PartnerNetwork (OPN).  By attaining Platinum level membership, Oracle has recognized […]

_________________________________________________________________________________________________________  Project Partners Blog Author: Donna Dignam | Principal Functional Consultant  ____________________________________________________________________________________________________________________ In April 2015, FASB (Financial Accounting Standards Board) issued ASU (Accounting Standards Update) 2015-05 to assist entities to determine when a customer in a cloud computing arrangement “CCA” (i.e. hosting arrangement) included a software license. If a CCA includes a license to internal […]

Author: Wendy Lamar | Managing Principal Consultant | Project Partners Oracle E-Business Suite R12 Project Certified Implementation Specialist

Through this three (3) part educational web-series, Project Partners will arm you with critical steps and insight into a Project Financials cost-effective solution. This unique solution offering will assist administratively burdened organizations like yours to effectively manage Project Financials around Capital spend through all phases of the Capital Lifecycle (Concept Definition, Funding Approvals, Execution, Reporting, […]

This blog is part of a series where we examine the impacts of ASC 606, Revenue from Contracts with Customers, and introduce the use of Oracle Projects as a solution for facilitating compliance with the new revenue recognition standards and five-step process. Previous posts in our revenue recognition blog series include: Introduction to Achieving ASC 606 […]

This blog is part of a series where we examine the impacts of ASC 606, Revenue from Contracts with Customers, and introduce the use of Oracle Projects as a solution for facilitating compliance with the new revenue recognition standards and five-step process. Previous posts in our revenue recognition blog series include: Introduction to Achieving ASC 606 […]

Project Partners’ blog series examines the impacts of the ASC 606 revenue recognition standards and how the use of Oracle E-Business Suite (EBS) Projects can facilitate compliance with the new standards. We continue here by discussing the fourth step to revenue recognition under the new standard: Allocate the Transaction Price. Part of our ASC 606 New […]