Message-ID: <8618307.1075840218746.JavaMail.evans@thyme> Date: Wed, 25 Oct 2000 00:23:00 -0700 (PDT) From: rosalee.fleming@enron.com To: jpickard@softrax.com Subject: "remove" Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Rosalee Fleming X-To: Julie Pickard X-cc: X-bcc: X-Folder: \Kenneth_Lay_Dec2000\Notes Folders\All documents X-Origin: LAY-K X-FileName: klay.nsf Julie Pickard on 10/24/2000 05:16:08 PM To: cc: SOFTRAX Mkting , Scott Schults , Wes Reuning , Greta Krupetsky , "Robert O'Connor" , "Sue O'Leary" Subject: Revenue Recognition Seminar and Cocktail Reception Invitation fro m SOFTRAX If you wish to be removed from this mailing list - please reply and type the word "remove" in the subject line. SOFTRAX Corporation is pleased to invite you to a Financial Roundtable discussion on Revenue Recognition. This seminar is free of charge. Seats are limited, so if you are interested, please contact Julie Pickard (jpickard@softrax.com) to indicate that you will be attending no later than Monday November 6, 2000. We look forward to seeing you! Please include your full name, company name, title, email address and phone number. Issues in Accounting for Software and Internet Activities Sponsored by: SOFTRAX Corporation Presenter: Ashwinpaul C. Sondhi, PhD When: Wednesday, November 15, 2000; 3:00 PM-5:30 PM Cocktail Reception to follow 5:30 PM - 7:00 PM Where: Omni Austin Hotel, 700 San Jacinto at 8th Street, Austin, TX 78701. 512.476.3700 Seminar is held in the Congress Room Reception is held in the Chambers Room Who Should Attend: Controllers, CFO's, CPA's, VC's, and those charged with any aspect of financial reporting for companies RSVP: Jpickard@softrax.com (by Monday November 6, 2000) In this discussion you will learn the latest about: * EITF 00-3: Application of AICPA SOP 97-2 to Arrangements that Include the Right to Use Software stored on Another Entity's Hardware. * EITF 99-17: Accounting for Advertising Barter Transactions * EITF 00-2: Accounting for Web Site Development Costs * Revenue recognition * Recognition of ad revenue with "hits" * "impression" guarantees * Transparency of deferral * Reporting for barter transactions * Classification of expenses between operating * categories and segment reporting * AICPA Technical Practice Aid on rebates and heavily * discounted introductory offers, plus models to determine how much this * practice really costs * Deferred revenue and sales growth * Handling cost of service outages * An update on pooling About the Speaker: Ashwinpaul (Tony) C. Sondhi, PhD received his PhD in Accounting and Economics/Management Science in 1985 from New York University. His research has been published in several accounting and finance journals. Mr. Sondhi is co-author of: * The Analysis of Financial Statements, 1998 * Impairments and Write-offs of Long-Lived Assets * CFA Readings in Financial Statement Analysis He has also edited: * Credit Analysis of Nontraditional Debt Securities * Off-Balance Sheet Financing Techniques Sondhi is a member of the Financial Accounting Policy Committee of the AIMR and has served on the committee of the AICPA, the FASB, and the International Accounting Standards Committee. He was an advisor to the FASB on its project comparing U.S. and International Financial Reporting Standards. He taught at New York University, Columbia University and at Georgetown. He is currently a Visiting Professor at Stockholm University, Sweden and Copenhagen Business School, Denmark. Sondhi serves on the board of directors of two mutual funds and is an advisor to several US and Foreign companies. His consulting activities include valuation, comparative analysis of financing and capital structure alternatives, creation and operation of finance, securitization, intellectual property, and investment subsidiaries, analysis of covenants and development of debt agreements.