Since the FASB and IASB are now close to agreement on the convergence of IFRS and U.S. GAAP revenue recognition standards, companies can begin to prepare for change. If, as expected, these standards are adopted, many enterprises – and technology companies, in particular – will need to adapt numerous processes and systems for revenue recognition. In this episode, Protiviti Managing Directors Steve Hobbs and Charles Soranno talk about critical changes in revenue recognition under IFRS and how technology companies must address them.