Mind the GAAP: A Playbook for Agile Accounting - iHoriz Inc.

Mind the GAAP: A Playbook for Agile Accounting

Pat Reed, Principal Consultant, iHoriz Inc.

With disruptive technology advances, software assets play an increasingly important role in creating competitive advantage through effectively managing business software assets.

As organizations leverage agile practices to deliver better customer value faster, they consistently fall into process traps that block success because agile labor cost accounting is misunderstood and misreported, impacting taxation, higher volatility in Profit and Loss (P&L) statements, and sometimes even dramatic, unnecessary staff cuts in an economy where talent retention is vital to innovation.
This session shares a practical playbook to avoid common pitfalls and gain awareness of what you can do to evolve accounting and reporting practices to leverage the financial advantage of agile and benefit from the significantly increased tax savings and bottomline benefits available with agile capitalization.

This session will unravel the pitfalls and benefits of agile capitalization and explain how to appropriately interpret and apply generally accepted accounting standard (GAAP SOP 98-1 and ASC 350-40) so your organization can increase its agile adoption to deliver more business value faster to customers.

DevOps Enterprise Summit London 2016