Adopting the new ASC 842 lease accounting standard can be a complex and challenging process. So, what is changing and how will it impact you? Historically, companies reported leases using U.S. GAAP or IFRS disclosure, allowing some of them to be reported as operating leases thus not capitalized.
I read an interesting article today on Hart Energy’s website titled US Shale Producers Could Face Another Bankruptcy Wave. It’s an interview with Paul Jansen, managing director of Conway MacKenzie about a potential wave of bankruptcies in the E&P space. He posits that lower production driven by the industry trying to meet investors’ laser focus on the
The world of information is at a tipping point. There is a wave of information about predictive analytics and AI that will change the way we eat, sleep, combat disease, prepare for weather events, and all matters large and small known to man. It is an exciting time if you are open to the change that will come about as a result of being able to anticipate and predict events.
2019 brings much promise to the world of Human Capital. With machine learning, predictive analytics, and AI coming more to the forefront, the future looks promising. Forward-thinking HR leaders will begin to harness the power of information, both macro, and micro, to drive more individualized developmental paths for their employee base. It is a hopeful and exciting time for the individual learners within corporate organizations.
Our CEO, Kristi Chickering, is known to walk into a room and say, “I give you permission to fail. I have your back.” For some of us, this is truly liberating. While for others, this can be confusing. What does failure mean for someone at work going through his or her daily routine? Failure is a part of experimentation and trying to do new things, or improve things, making things better, faster, cheaper and creating new strategies and solutions. Experimenting also means that the outcome will not always match up to expectations. All companies need to think about experimenting.
Emerging technology in the modern supply chain is getting a lot of attention and for good reason. These emerging technologies have the ability to completely change how we interact with our customers and our suppliers. Applications for IoT, Artificial Intelligence, Robotics Process Automation (RPA), and Blockchain are far-reaching. In many companies, Supply Chain is leading the way in driving innovation and the use of emerging technologies.
I was so encouraged by all of the positive feedback that my last post regarding Sirius Solutions’ Performance Summit that I felt another post was in order. Several of you reached out to ask me more about our firm and why we’re good at what we do.
More than 100 business leaders were in attendance at our first ever Sirius Performance Summit (SPS) to hear from industry thought leaders, best-selling authors, and consulting
Yesterday, Sirius Solutions held its annual Sirius Performance Summit (SPS) in Houston, Texas. The SPS is a unique opportunity for us to give back to our clients by delivering relevant content to business leaders from a cross-
Every year, companies across the US spend an average of $70 billion on learning and development alone. This focus on L&D first came to fruition near the end of the great recession, and now studies suggest development and retention as the new mantra of the C suite. And yet, despite the monetary focus, L&D is still the first area cut during a corporate downturn, even today.
For impactful results managing the top line, it’s necessary for you as a business to meet new revenue recognition standards that will go into effect for most publicly-traded companies in 2018. It’s critical to start that transition now so you will be well-positioned for compliance. For help, turn to Sirius Solutions. We can help with the implementation of the upcoming