In this webinar, you will learn practical tips for complying with the new guidelines for this complex area of accounting and reporting. It will help you analyze typical transactions to recognize their lease characteristics, account for and report them in compliance with the new rules.
Why Should You Attend:
Since FAS #13 was released in November of 1976, lease accounting has been very stable in the USA. However, in 2016 the FASB issued ASC 842 to replace those rules. They go into effect in 2019 for most companies. These new accounting standards change everything. Join us for a quick study of the new rules.Areas Covered in the Webinar:
- Receive guidance for determining whether an arrangement is or contains a lease
- Contrast ASC 842 with IFRS 16
- Learn how to account for lease and non-lease components
- Learn how to account for modification, re-measurement and termination of a lease
- Understand sale and leaseback transactions under the new rules
- Identifying and accounting for leveraged transactions
- We will summarize the presentation and disclosure rules for both Lessees and Lessors
Who Will Benefit:
- CFOs
- Controllers
- Compliance Managers
- Compliance Officers
- Accounting Managers
- Information Reporting Officers
- Tax Managers
- Bank Managers
- Risk Managers
- Internal Auditors
Speaker
Miles HutchinsonCourse Provider
Miles Hutchinson,
