LeaseAccelerator announced today that it will be hosting an educational webinar on Asset-level lease accounting and its role in implementing ASC 842 and IFRS 16. The new lease accounting standards, introduced last year, will require companies to track real estate, equipment, and embedded leases as assets and liabilities on their balance sheets by end of 2018.
Experts to Explain Why Asset-Level Accounting is Required to Comply with the New ASC 842 and IFRS 16 Standards
GREAT FALLS, Va. /Mortgage and Finance News/ — LeaseAccelerator announced today that it will be hosting an educational webinar on Asset-level lease accounting and its role in implementing ASC 842 and IFRS 16. The new lease accounting standards, introduced last year, will require companies to track real estate, equipment, and embedded leases as assets and liabilities on their balance sheets by end of 2018.
What: Asset-Level Lease Accounting
Key Topics will include:
* Differences between asset-level versus contract-level lease accounting.
* Decisions, judgments and events at the start, middle, and end of the lease term.
* Tax accounting, management reporting and spend management benefits of an asset-level approach.
* Policies and controls required for accurate financial reporting and Sarbanes Oxley.
* Key considerations for implementing lease accounting systems and collecting data.
How: Educational webinar with audience Q&A.
Who: Bruce Conway, Vice President, Lease Accounting Technical Taskforce, and Michael Keeler, CEO of LeaseAccelerator.
When: Wednesday, March 29 at 1 p.m. Eastern (10 a.m. Pacific).
Where: Register at http://www.leaseaccelerator.com/asset-level-lease-accounting-webinar/
Cost: Free.
About LeaseAccelerator:
LeaseAccelerator offers the market-leading SaaS solution for Enterprise Lease Accounting, enabling compliance with SOX, SEC, and current and new FASB and IFRS standards. Using LeaseAccelerator’s proprietary asset-based Global Lease Accounting Engine, customers can account for all categories of leases including real estate, fleet, IT, material handling and other equipment at an asset-level. On average, LeaseAccelerator’s Lease Sourcing and Management applications generate savings of 17 percent on equipment leasing costs with smarter procurement and end-of-term management.
Learn more at http://www.leaseaccelerator.com/.
Related link: http://www.leaseaccelerator.com/
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