LeaseAccelerator and Riveron Consulting announced today that they will be co-presenting on a forthcoming ClearLaw Institute Webinar about the new lease accounting standards. Issued earlier this year, the new standards, FASB ASU 2016-02 (or Topic 842) for US GAAP and IFRS 16, will require companies to track virtually all real estate and equipment leases as assets and liabilities on their balance sheets starting as early as 2019.
Lease Accounting Experts to Recommend Best Practices for Implementing FASB’s New Rules
WASHINGTON, D.C. /Mortgage and Finance News/ — LeaseAccelerator and Riveron Consulting announced today that they will be co-presenting on a forthcoming ClearLaw Institute Webinar about the new lease accounting standards. Issued earlier this year, the new standards, FASB ASU 2016-02 (or Topic 842) for US GAAP and IFRS 16, will require companies to track virtually all real estate and equipment leases as assets and liabilities on their balance sheets starting as early as 2019.
What: Implementing the New Lease Accounting Standards
Key Topics will include:
* Explaining why the new standards were developed
* Recognizing how financial ratios will be impacted
* Understanding the implementation deadlines
* Discussing the differences between real estate and equipment leases
* Developing a project strategy
* Finding the data needed for the accounting.
How: Educational webinar with audience Q&A
Who: Michael Keeler, CEO of LeaseAccelerator and Michael Cahil, Director of Riveron Consulting
When: Tuesday, June 7, 2016 at 3 p.m. Eastern (Noon Pacific)
Where: Register on the ClearLaw Institute website – http://clearlawinstitute.com/shop/webinars/implementing-new-lease-accounting-standards/
Cost: $99.
Participants can earn up to 1.8 CPE credits in the accounting field of study.
About LeaseAccelerator:
LeaseAccelerator offers the market-leading SaaS solution for Enterprise Lease Accounting, enabling compliance with current and new FASB and IFRS standards. Using LeaseAccelerator’s proprietary Global Lease Accounting Engine, customers can track all categories of leases including real estate, fleet, IT, material handling and other equipment at an asset-level. In addition, LeaseAccelerator’s Sourcing and Performance applications can generate savings of 17% on equipment leasing costs with smarter procurement and end-of-term management. Learn more at http://www.leaseaccelerator.com/.
About Riveron Consulting:
Founded in 2006, Riveron Consulting is headquartered in Dallas, Texas and has additional offices in Atlanta, Chicago, Denver, Houston, Minneapolis, and Washington D.C. The financial consulting firm specializes in serving a diverse set of middle-market private equity funds and growing public and private companies. Riveron’s mission is to help clients maximize the value of strategic and financial transactions through buy-side financial due diligence, sell-side services and post-transaction special projects. Riveron has experience serving a variety of industries including manufacturing, distribution, retail, financial services, technology, energy and many others. Riveron is not a CPA firm; however, its senior-level consultants have the combined experience of global professional services firms and industry knowledge, which allows their team to go well beyond the mere numbers on a balance sheet or income statement to discover value. For more information, visit http://www.riveronconsulting.com/.
Related link: http://www.leaseaccelerator.com/
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