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
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
Speakers
Miles Hutchinson is a CGMA and experienced businessman. He has been an auditor with PriceWaterhouseCoopers and the chief financial officer of a $1 billion real estate development company. Mr. Hutchinson is a professional speaker and consultant who has presented over 2,000 seminars and training sessions on myriad business and financial topics, like financial analysis and modeling, accounting, strategic planning, and compliance with the Sarbanes-Oxley Act. He is recognized as an expert in payroll, and sales and use tax as well as financial modeling and analysis, business strategy and communications.He is the author of several useful accounting and tax tools. His clients include Abbott Labs, Bank of America, Boston Scientific, Citicorp, Corning, the FBI, the FDA, the Federal Reserve, GE, Pfizer, Siemens, US Marine Corps, and the US Army.
