New Lease Accounting Standard: How Will Clients and Businesses Be Affected? 2016

Key Topics

• The effects of the new lease standard on the global economy
• Summary and Scope of FASB`s Accounting for Leases Standard
• Effective date and transition requirements
• Lease Identification and Classification
• Lessor Accounting including a discussion of sales type leases
• Lessee Accounting - finance leases versus operating leases
• Implications for Your Client or Business and Users of Their Financial Statements
• Disclosure requirements
• Other Provisions including transition

Who should Attend

• Finance and accounting teams
• All C-suite professional staff
• Internal auditors and systems designers
• CPAs in public practice with clients who need to have financial statements prepared in accordance with professional standards