Lease Accounting: Lessons Learned & Audit Challenges Under ASC 842 Webinar
Overview
Implementing the New Lease Accounting Standard (ASC 842) has created unexpected challenges for businesses, impacting everything from maintaining an inventory of existing leases in US and foreign subsidiaries, to ensuring internal controls are effective. In this timely webinar, a panel of experts from major companies will address major post-implementation concerns, including:
- Identifying major post-implementation challenges
- Applying guidance on lease contract modifications
- Effective internal control and processes
...and much more
Objective
Get answers to your most perplexing New Lease Accounting (ASC 842) post-implementation questions from experts at Google, Bristol-Meyers Squibb, DXC Technology and BDO.
SPEAKERS INCLUDE:
Barry Berkowitz, Technical Accounting, Google
Shelley Finn, Senior Financial Principal/Director, Accounting Policies, DXC Technology
Michael Hoffman, MBA, CPA
Timothy Kocses, Director, Technical Accounting, Bristol-Meyers Squibb
Angela Newell, National Assurance Partner, BDO
Emphasis
- Inventory of existing leases—especially those in foreign subsidiaries
- Lease contract modification
- Identification of lease and nonlease components
- Proper lease classification
- Lease and nonlease contract components, both fixed and variable
- Internal control changes to identify lease contract modification
- Collecting data for new disclosure requirements to meet closing process deadlines
- Key Initiatives Benefits of new leasing accounting software over EXCEL
- For foreign subsidiaries using IFRS, what adjustments are required for GAAP?
- What's the impact on SOX for public companies?
Speakers
Barry Berkowitz, Technical Accounting, Google
Shelley Finn, Senior Financial Principal/Director, Accounting Policies, DXC Technology
Michael Hoffman, MBA, CPA
Timothy Kocses, Director, Technical Accounting, Bristol-Meyers Squibb
Angela Newell, National Assurance Partner, BDO
This course is included in the following subscriptions:
Need more than one course? Upgrade to a subscription and save.
View Subscriptions