Mastering Stripe Accounting: Manual Reconciliations to Daily Close

Led by Cody Leach, CPA and Head of Product Experience at HubiFi, this session will equip accountants to master the complexities of accounting with Stripe data by focusing on the critical link between Stripe and automation to get GAAP-compliant reporting. 

We discuss how Stripe’s native reporting (and revenue recognition module) prevents GAAP compliance around certain critical areas around liabilities, net vs gross accounting, and nuanced areas of ASC 606. You’ll learn the traditional processes for revenue recognition with Stripe through manual reconciliation and how those methods fail at scale. Finally, we walk through how modern accounting teams solve this using solutions like HubiFi. 

In order to be awarded the full credit hours, you must be present and participate in at least three poll questions, and remain on the line for the duration of the webinar.

Participants will earn 1.0 CPE credits. Sponsor ID: 169732 

Field of Study: Accounting 

Additional Information: 

Prerequisites: Attendees should have 3-5 years prior industry experience and knowledge of Stripe reporting.
Advanced Preparation: None
Program Level: Beginner. No prior knowledge is required to attend this event.
Who should attend: Revenue accountants, Controllers, Heads of Finance
Delivery Method: Group Internet Based 

Refunds and Cancellations: This program has no fee. For more information regarding administrative policies, such as complaints, refunds, and cancellations, please contact Christine Butchko at Christine@HubiFi.com. 

Official Registry Statement: 

HubiFi is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE  Credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

What you can expect from the webinar:

Navigate Stripe’s UI to understand critical aspects of accounting for it.

Identify Stripe’s 3 core reports for revenue recognition and the four main challenges manual processes present for teams maintaining accurate GAAP-compliant reporting with Stripe data.

Apply automation strategies to enforce data cleanliness, standardize disparate data, and accelerate your close from monthly to daily.

Speakers:

Cody Leach, CPA

Head of Product Experience

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