This message is sent to you by AccountingNewswatch Bridging the GAAP: The New Lease Accounting Standards, Lease Drafting and NegotiationsDate: Monday, November 6, 2017 |
Sponsored by Lorman Education Services |
|
Gain a better understanding of the new lease accounting standards and successfully navigate the reporting and regulatory waters ahead.The new lease accounting standards from the FASB and IASB will have far reaching financial and organizational implications for companies of all sizes, and will also greatly impact the advice and counsel their advisors and attorneys provide. These new lease accounting standards require all parties to a lease, and their advisors, to understand how concepts such as how a renewal option can result in a 10 year lease being accounted for as though it were a 20 year lease, with a near doubling of the impact on the company's balance sheet and other financial results. Importantly, the impacts are not just financial in nature, and the nonfinancial and organizational impacts are widely expected to affect the following: governance, risk and compliance, internal controls, accounting policies, SEC reporting and M and A activity. Many of these areas are most affected by the subjective nature of many aspects of the new rules and the transition from old accounting standards, policies and procedures to the new standards. Understanding these issues will be critical for purposes of helping companies successfully navigate the accounting, reporting and regulatory waters ahead. Learning Objectives:
This Live Webinar Covers These Hot Issues: Overview of New Accounting Rules: Cross-Cutting Legal Implications Background
Cutting Through the Fog: Drafting and Negotiating Tips
Dealing With Subjective Issues: SOX, SEC, GRC and Drafting Considerations
The Mechanics of the New Rules: Transaction Structure and Financial Results
Errors With Existing Lease Accounting Rules: Restatements and SEC Actions Moving Toward Implementation: Practical Steps to Take Now Credit Information (Sponsored by Lorman Education Services):
For Detailed Credit Information page click here Instructor Profile: Marc A. Maiona, LeaseCalcs, Inc.
|
(Not available outside the US) |