Allen Nazif CPA

Summary

EXECUTIVE SUMMARY: SME (Subject Matter Expert) in Revenue & revenue related matter, High tech software revenue recognition accounting subject matter expert: ASC 606 , ASC 985-605 , ASC 605-25 , ASC 605-35 and ASC 985-605-55; formerly SOP97-2, SOP98-9, SOP81-1, SAB 101 SAB 104 , EITF 0021, EITF 08-1, and EITF 09-3; as well as cost allocation (ASC 350-40 & ASC 985-20 formerly SOP98-1, FASB -10 , FASB-86 , SFAS-144 SUMMARY of QUALIFICATIONS: SME (Subject Matter Expert) in Revenue & revenue related matter My areas of expertise include, but are not limited to : Review policy & procedures as pertain to transition from ASC 605 to ASC 606 & Share all finding with all related parties , and contribute to the client’s objectives / achievements as follows [ not to mention as whole contribute to the client’s objectives / achievements] : Finalize/ communication / training on new revenue recognition ASC-606 policy and procedures Implement the revenue management solution to comply with ASC-606 Effective alignment of ASC 606 compliance, revenue assurance, and revenue forecasting processes for future state Review of contracts, licensing agreements, royalty agreements, processes, and VSOE of Fair Market Value of PCS, identification of issues, definition of systemic problems, plus proposal and implementation of proper procedures, such as: o Created deal automation process and deal desk, as well as created the quote to cash process to utilize the process dealing with issues up front throughout constructing the deal rather than dealing with issues aftermath.  Involved in most revenue recognition& revenue related matter, from offering guidelines, testing of revenue recognition policy, assurance that appropriate controls were in place, and cross functional collaboration—directly or indirectly—with legal, sales, and all levels of management ,   , Specialties: SME , revenue recognition & Revenue related matter